Skilled Nursing News January 17, 2025
Nursing home residents that receive Medicaid benefits may be affected by a change in federal poverty level standards, which are applied to eligibility requirements.
To match inflationary costs, the Centers for Medicare & Medicaid Services (CMS) on Friday announced a 2.9% increase in price between 2023 and 2024. With the exception of Alaska and Hawaii, the one-person family/household poverty guideline for 2025 is $15,650 and the two-person family-household is $21,150.
In 2024, the one-person family/household poverty guideline was $15,060 while the two-person family-household was $20,440, for comparison.
“The Federal Poverty Level standards, updated at least annually, result in changes to eligibility for assistance programs such as Medicaid and CHIP,” Health Dimensions Group (HDG) CEO Erin Schvetzoff Hennessey said in an...
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