Key Medicaid Figures
Effective January 1, 2005
| Average Cost Nursing Care in New Jersey | $ 6,304.00 |
| Community Spouse Resource Allowance | |
| Minimum | $19,020.00 |
| Maximum | $95,100.00 |
| Monthly Maintenance Needs Allowance | |
| Minimum | $ 1,561.25 |
| Maximum | $ 2,377.50 |
| Medicaid Only Monthly Income Limit | $ 1,737.00 |
This Article is a service of the Elder Law Practice Area of Fein, Such, Kahn & Shepard, P.C., 7 Century Drive, Suite 201, Parsippany, NJ 07960. Phone: 973-538-4700. Website: www.feinsuch.com. It does not constitute legal advice nor create an attorney-client relationship. For more information contact Shareholder Deirdre R. Wheatley-Liss, Esq. at dwheatley@feinsuch.com.
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