2023 Spousal Impoverishment and Home Equity Figures Released

The Centers for Medicare and Medicaid Services (CMS) has issued its Spousal Impoverishment Standards for 2023.

Spousal Impoverishment Standards

The spousal impoverishment thresholds will increase 8.2 percent over 2022’s figures.

The official spousal impoverishment allowances for 2023 are as follows (we include Medicaid's home equity limits, which Clofine did not project):

  • Minimum Community Spouse Resource Allowance: $29,724
  • Maximum Community Spouse Resource Allowance: $148,620
  • Maximum Monthly Maintenance Needs Allowance: $3,715.50

The minimum monthly maintenance needs allowance for the lower 48 states will rise to $2,288.75 ($2,861.25 for Alaska and $2,632.50 for Hawaii) until July 1, 2023.

Income Cap (in applicable states): $2,742

These updates bear out — to the dollar — the earlier projections of Pennsylvania ElderLawAnswers member Robert Clofine, who based his estimates on the consumer price index for urban consumers for September.

Home Equity Limits:

  • Minimum: $688,000

  • Maximum: $1,033,000

Access the complete chart of the 2023 SSI and Spousal Impoverishment Standards from CMS.