Washington Medicaid Planning - Asset Protection - Estate Planning

Institutional Medicaid Standards for the State of Washington:

Standard	Amount	Effective
Maximum non-exempt assets for Medicaid applicant	$2,000
Non-exempt assets for spouse (minimum)*	$45,104	7/1/2007
Non-exempt assets for spouse (maximum)*	$104,400	1/1/2008
Community spouse income allocation	$1,750	7/1/2008
Maximum community spouse income allocation	$2,610	1/1/2008
Income allowance for single COPES recipient in own home	$867	4/1/2008
Income allowance for married COPES recipient	$637	1/1/2008
Maximum income for COPES recipient	$1,911	1/1/2008
Medically needy income level for single person	$637	1/1/2008
Medically needy income level for married couple	$637	1/1/2008
Personal needs allowance (nursing facility)	$57.28	7/1/2008
Personal needs allowance (adult family home/assisted living)	$62.79	7/1/2008
Community spouse excess shelter standard	$525	7/1/2008
Utility allowance standard	$384	10/1/2008
Housing allowance for single person (6 mo. max.)	$867	4/1/2008
Daily average private pay rate for nursing facility**	$217	10/1/2008
Monthly private nursing facility rate	$6,589	10/1/2008
Limit on household furnishings	No limit
Vehicle for married couple	No limit
Vehicle for single person	$5,000

* The applicable asset limit for a married couple depends upon several factors including the specific Medicaid program one is applying for, the date of institutionalization and the couple’s total assets.

** This is the number used to calculate the Medicaid transfer of assets penalty.