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Tag: Supplemental Security Income

21Mar

Medicaid Income Cap 2023

Posted by markelderlawon March 21, 2023in Medicaid
grandparents sitting on a dock with their granddaughter

Medicaid has strict rules with respect to eligibility requirements for assistance to pay for a person’s long-term care.  An individual must satisfy the resource and income requirements for Medicaid eligibility. New Jersey requires that an individual’s gross monthly income be…

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04Nov

Social Security Will Increase by Almost 9% in 2023

Posted by markelderlawon November 4, 2022November 4, 2022in Social Security
Senior couple bike riding among autumn trees

According to applicable federal law, Social Security benefits are evaluated on an annual basis and the benefits are then calculated based upon the cost-of-living as measured by the Department of Labor Consumer Price Index (DPI).  An increase in the Social…

Read More Social Security Will Increase by Almost 9% in 2023

25Mar

Income Cap Changes for Medicaid

Posted by markelderlawon March 25, 2022March 27, 2022in Medicaid
elderly people walking near trees

In order to qualify for Medicaid assistance, an individual’s gross monthly income must be less than the Medicaid income cap.  If a person’s gross monthly income is greater than the Medicaid income cap then he or she will not qualify…

Read More Income Cap Changes for Medicaid

31Jan

New Medicaid Income Cap for 2021

Posted by markelderlawon January 31, 2021July 6, 2021in Medicaid
grandparents with grandchildren

There are three requirements to obtain Medicaid assistance to pay for long-term care.  A person must be in clinical need of Medicaid, satisfy the resource requirements and have an income that is less than the income cap.  If a person…

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04Jun

Stimulus Check, SSI, and Medicaid

Posted by markelderlawon June 4, 2020November 4, 2022in Social Security
elderly people bike riding

The Coronavirus Aid, Relief and Economic Security Act, also known as the CARES Act, was enacted on March 27, 2020 as Public Law 116-136.  It is a $2 trillion economic stimulus bill.  The goal of this legislation is to provide…

Read More Stimulus Check, SSI, and Medicaid

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