016.20.97 Ark. Code R. 033

Current through Register Vol. 49, No. 10, October, 2024

Rule 016.20.97-033 - Emergency Regulation: MS 98-1 - 1998 Cost of Living Increase for Social Security recipients of 2.1 percent

The following amounts are effective January 1, 1998 based on this increase:

1.The Long Term Care (LTC), TEFRA, and Home and Community Based Waiver income limit is $1482.00.

2.The SSI/SPA full benefit level for an individual is $494.00 and for a couple, $741.00.

3.The 1/3 reduction for living in the household of another is $329.34 for an individual and $494.00 for a couple.

4.The living allowance for an ineligible spouse or an ineligible child in the deeming procedures is raised to $247.00.

5.The presumed value of in-kind support and maintenance is $184.66 for an individual and $267.00 for a couple.

6.The Minimum Monthly Maintenance Needs Al1owance on the DCO-712 is increased to $2019.00.

7.The Spousal Minimum Resource Standard on the DCO-713 is increased to $16,152.00 and the Maximum Resource Standard is increased to $80,760.00.

The January 1998 revised DC0-712 and DCO-713 should be available in Central Supply by mid-December.

The memorandum of instructions for processing these changes for Long Term Care and other Medicaid applicants/recipients will be issued in December.

Inquiries to: Terri Wright, 682-8258 Ann Dawson, 682-8254 Boyce Lovett, 682-1562

016.20.97 Ark. Code R. 033

12/23/1997