N.M. Admin. Code § 8.200.510.12 - [Effective until 8/1/2025] POST-ELIGIBILITY CALCULATION (MEDICAL CARE CREDIT)
Apply applicable deductions in the order listed below when determining the medical care credit for an institutionalized spouse.
|
DEDUCTION |
AMOUNT |
|
|
A. |
Personal needs allowance for institutionalized spouse: July 1, 2024 |
$94 |
|
B. |
Minimum monthly maintenance needs allowance (MMMNA): July 1, 2024 |
$2,555 |
C. The
community spouse monthly income allowance (CSMIA) is calculated by subtracting
the community spouse's gross income from the MMMNA:
(1) If allowable shelter expenses of the
community spouse exceeds the minimum allowance then deduct an excess shelter
allowance from community spouse's income that includes: expenses for rent;
mortgage (including interest and principal); taxes and insurance; any
maintenance charge for a condominium or cooperative; and an amount for
utilities (if not part of maintenance charge above); use the standard utility
allowance (SUA) deduction used in the food stamp program for the utility
allowance.
|
July 1, 2024 |
$766.50 |
(2)
Excess shelter allowance may not exceed the maximum:
|
(a) |
Jan. 1, 2025 |
$1,393 |
|
(b) |
Jan. 1, 2024 |
$1,388.50 |
|
(c) |
July 1, 2023 |
$1,251 |
|
(d) |
Jan. 1, 2023 |
$1,427 |
|
(e) |
July 1, 2022 |
$1,146 |
|
(f) |
Jan. 1, 2022 |
$1,257 |
|
(g) |
July 1, 2021 |
$1,082 |
|
(h) |
July 1, 2021 |
$1,105 |
D. Any extra maintenance allowance ordered by
a court of jurisdiction or a state administrative hearing officer.
E. Dependent family member income allowance
(if applicable) calculated as follows: 1/3 X MMMNA - dependent member's
income).
F. Non-covered medical
expenses.
G. The maximum total of
the community spouse monthly income allowance and excess shelter deduction may
not exceed $3,853.50.
Notes
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
Apply applicable deductions in the order listed below when determining the medical
| DEDUCTION | AMOUNT | |
| A. | Personal needs allowance for institutionalized spouse: July 1, 2023 | $91 |
| B. | Minimum monthly maintenance needs allowance (MMMNA): July 1, 2023 | $2,465 |
C. The community spouse monthly income allowance (CSMIA) is calculated by subtracting the community spouse's gross income from the MMMNA:
(1) If allowable shelter expenses of the community spouse exceeds the minimum allowance then deduct an excess shelter allowance from community spouse's income that includes: expenses for rent; mortgage (including interest and principal); taxes and insurance; any maintenance charge for a condominium or cooperative; and an amount for utilities (if not part of maintenance charge above); use the standard utility allowance (SUA) deduction used in the food stamp program for the utility allowance.
| July 1, 2023 | $740 |
(2) Excess shelter allowance may not exceed the maximum:
| (a) | Jan. 1, 2024 | $1,388.50 |
| (b) | July 1, 2023 | $1,251 |
| (c) | Jan. 1, 2023 | $1,427 |
| (d) | July 1, 2022 | $1,146 |
| (e) | Jan. 1, 2022 | $1,257 |
| (f) | July 1, 2021 | $1,082 |
| (g) | Jan. 1, 2021 | $1,105 |
D. Any extra maintenance allowance ordered by a court of jurisdiction or a state administrative hearing officer.
E. Dependent family member income allowance (if applicable) calculated as follows: 1/3 X MMMNA - dependent member's income).
F. Non-covered medical expenses.
G. The maximum total of the community spouse monthly income allowance and excess shelter deduction may not exceed $3,853.50.