Medicaid Rates & Figures (2024)
Resources & Allowances
The New York State Department of Health has issued resource and income allowances for the year 2024. All figures are effective as of January 1, 2024.
Institutional/
Nursing Home Care
Community-Based Care
(Home Care, etc.)
*With a properly executed Spousal Refusal, a Community Spouse can typically retain assets in excess of these limits.
Medicaid Regional Rates
The following figures represent the Department of Health's assessment as to the average cost of nursing home care in each region. These figures are used to calculate Medicaid penalty periods for gifts and asset transfers.
(Nassau/Suffolk)
(5 Boroughs)
(Syracuse, Broome, Cayuga, Oswego, etc.)
(Albany, Rensselaer, Saratoga, Schenectady, etc.)
(Westchester, Orange, Dutchess, Rockland, Putnam, Ulster & Sullivan)
(Monroe, Ontario, Seneca, etc.)
(Buffalo, Erie, Niagara, Genesee, etc.)
To speak with one of our experienced professionals, contact Blustein, Shapiro, Frank & Barone, LLP.
REQUEST AN ESTATE/MEDICAID PLANNING CONSULTATION
Contact us today to learn more about how you can protect your family.