Happy New Year.  Below are the updated 2020 Elder Law figures for Medicare, Medicaid, and VA.

The Centers for Medicare and Medicaid Services (CMS) has released the new Medicare premiums, deductibles, and co-payments for 2020:

  • Basic Part B premium: $144.60/month (was $135.50 in 2019) 
  • Part B deductible: $198 ($185.00 in 2019)
  • Part A deductible: $1,408 (was $1,364 in 2019) 
  • Co-payment for hospital stay days 61-90: $352/day (was $341 in 2019); Co-payment for hospital stay days 91-150: $704/day (was $682 in 2019) 
  • All costs for each day beyond 150 days
  • Skilled nursing facility co-payment, days 21-100: $176/day (was $170.50 in 2019)  

Also, note that individuals with annual incomes over $87,000 and married couples with annual incomes over $174,000 will pay a higher Medicare Part B premium, with a minimum monthly premium of $202.40.

CMS has also released the 2020 guidelines for how much spouses of institutionalized Medicaid recipients may keep.  

  • Maximum Community Spouse Resource Allowance:  $128,640 (was $126,420 in 2019) 
  • Minimum Community Spouse Resource Allowance:  $25,728 (was $25,284 in 2019) 
  • Maximum Monthly Maintenance Needs Allowance:  $3,216 (was $3,160.50 in 2019)  
  • Minimum Monthly Maintenance Needs Allowance:  $2,114 (thru June 30, 2020)
  • Medicaid Waiver Benefits Income Cap:  $2,349.00 per month (was $2,313 in 2019)
  • Pennsylvania Medicaid penalty divisor: $10,732.83 ($352.86/day), as of 1/1/20
  • New Jersey Medicaid penalty divisor: $351.84/day, since 4/1/19  

2020 VA “Aid and Attendance” Figures:

Single Veteran………………………………. $1,911/mo.

Married Veteran…………………………….$2,266/mo.

Widowed Spouse…………………………… $1,228 /mo.