Obsolete 0114 - TABLE II - Aged, Blind and Disabled figures

INCOME LIMITS AND OTHER IMPORTANT FIGURES

Effective Date: October 1, 2013 - December 31, 2013

Previous Table

Aged, Blind or Disabled Spenddown Level

Household Size

100% of Poverty

 

1

$ 958

Effective March, 2013

2

$1,293

Effective March, 2013

 

ABD Asset Limits

Single Person

$2,000

Effective March, 1989

Married Couple

$3,000

Effective March, 1989

 

Medicare Cost-Sharing Programs Asset Limits

Single Individual

$7,080

Effective January 2013

Married Couple

$10,620

Effective January 2013

 

Social Security related figures

SSI Maximum payments

and

Related Amounts

 

Individual - Monthly Payments

(lives alone)

$710

Effective January 2013

Individual - Monthly Payments

(lives W/ others)

(PMV factored in by the SSA)

$473.34

(+ $3.13 State Supp)

Effective January 2013

Couple  - Monthly Payments

(lives alone)

$1,066

(+ $4.60 State Supp)

Effective January 2013

Couple - Monthly Payments

(lives W/ others)

(PMV factored in by the SSA)

$710.67

(+ $9.73 State Supp)

Effective January 2013

300% of SSI Rate

$2,130

Effective January 2013

SSI Break-Even Point (earned income only)

$1,505

Effective January 2013

PMV (Presumed Maximum Value for Food and Shelter)

PMV for one person

$256.66

Effective January 2013

PMV for a couple

$375.33

Effective January 2013

1619b Income Limit

Monthly income limit – notify SSA if 1619b exceeds

$2794.00

Effective January 2013

Substantial Gainful Activity (SGA)

(used for disability decision)

Substantial Gainful Activity Level (non-blind)

$1040/month

Effective January 2013

Substantial Gainful Activity Level (blind)

$1,740/month

Effective January 2013

Earnings Required for a Quarter of Coverage

To receive insured status for Social Security and Medicare benefits.

$1,160

Effective January 2013

 

Medicare Related Figures

Medicare Part B Premium Amount

$104.90

Effective January 2013

Part B Annual Deductible

$147

Effective January 2013

Medicare Part A Deductible

$1,184

Effective January 2013

Skilled Nursing Home Co-Insurance (days 21-100)

$148.00/day

Effective January 2013

Part D Low-Income Subsidy Premium Allowance

$42.10

Effective January 2013

 

Income Deeming and Income Deduction Amounts

Maximum Allocation and Deduction for:

Spouse

$355

Effective January 2013

Non-Disabled Children

$355

Effective January 2013

Allocation for Parents (ABD Deeming)

1 parent in home

$710

Effective January 2013

2 parents in home

$1,066

Effective January 2013

Earned Income Deduction for Disabled Student Child and

Ineligible Student Child

Maximum Monthly Deduction

$1,730

Effective January 2013

Maximum Deduction during the Calendar Year

$6,960

Effective January 2013