2022 Spousal Impoverishment and Home Equity Figures Released

The Centers for Medicare and Medicaid Services (CMS) has released its Spousal Impoverishment Standards for 2022, confirming the earlier projections of Pennsylvania ElderLawAnswers member Robert Clofine, who based his estimates on the consumer price index for urban consumers for September.  The spousal impoverishment thresholds will increase 5.4 percent over 2021's figures.

The official spousal impoverishment allowances for 2022 are as follows (we include Medicaid's home equity limits, which Clofine did not project):

Minimum Community Spouse Resource Allowance: $27,480

Maximum Community Spouse Resource Allowance: $137,400

Maximum Monthly Maintenance Needs Allowance: $3,435

The minimum monthly maintenance needs allowance for the lower 48 states remains $2,177.50 ($2,721.25 for Alaska and $2,505 for Hawaii) until July 1, 2022.

Income Cap (in applicable states): $2,523

Home Equity Limits:

Minimum: $636,000

Maximum: $955,000

For CMS's complete chart of the 2022 SSI and Spousal Impoverishment Standards, click here.