ACWDL 09-52: New property limits impacting the Medicare savings program and the Part D LIS (11/12/09)

Effective January 1, 2010 the property limits for QMB, SLMB, and QI-1 will increase to the LIS level. The current property limits are $4,000 for an individual and $6,000 for a couple (twice the SSI property limit). For 2010, the LIS and MSP property limits will be $6,600 for an individual and $9,910 for a couple (three times the SSI property limit plus an annual increase). The property limit may increase each year from now on but DHCS will not annually inform counties of the increase. [Download]