2020 New Jersey Medicaid Rates

Eric Goldberg
February 20, 2020

Medicaid Income and Resource Allowances: The New Jersey Department of Health has issued resource and income allowances for the year 2020.

All figures are effective as of January 1, 2020.

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Income Cap - $2,349

Maximum Community Spousal Resoure Allowance (CSRA) - $128,640

Minimum Community Spousal Resource Allowance (CSRA) - $25,728

Maximum Monthly Maintenance Needs Allowance (MMMNA) - $3,216

Minimum Monthly Maintenance Needs Allowance (MMMNA) - $2,113.75

Excess Shelter Allowance - $634.13

Maximum Resource Limit (Individual) - $2,000

Maximum Cap on Equity in the Home - $893,000

Contact our Elder Law Department today to learn more about how we can help you plan for your future!

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