Every year the Supplemental Security Income (SSI) benefit rate and Medicaid resource allowances are updated. For 2022, the federal benefit rate increased by 5.9%. There was no change in the SSI benefit rate.
The SSI monthly benefit increased to $841. This means the Medicaid income cap increases to $2,523 of gross monthly income. The one-third reduction if SSI recipients receive in-kind maintenance and support (ISM) increases to $280.33.
The Medicare daily co-pay for days 21-100 in a skilled nursing home increased to $194.50. The Medicare Part B standard premium increased to $170.10 (or higher depending on income).
The document re-published below shows the 2022 figures.
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