With the September 2016 Consumer Price Index for All Urban Consumers (CPI-U) just announced, Pennsylvania ElderLawAnswers member Robert Clofine has made his now-annual prediction of next year’s Medicaid’s spousal impoverishment figures. In an email to his state colleagues in the National Academy of Elder Law Attorneys, Clofine forecasts that the 2017 maximum community spouse resource allowance (CSRA) should be $120,900 and the minimum CSRA should be $24,180. The maximum monthly maintenance needs allowance should top $3,000 for the first time -- $3,022.50 to be exact. Clofine predicts that the income cap for waiver should become $2,205.
Clofine's Pennsylvania colleague Jeffrey A. Marshall has done the same calculations for the CSRA and MMMNA and arrived at the same projections. See his blog post here.
We’ll let our readers know as soon as the Centers for Medicare and Medicaid Services issues the official word.