Action Memo: Budgeting - Medical Benefits 2013 Social Security Cost of Living Adjustment

1/7/2013

Action Memo: Budgeting - Medical Benefits 2013 Social Security Cost of Living Adjustment

Summary:

• Provides information about the central budgeting of the January 2013 Social Security (SSA) cost of living adjustment (COLA) for persons residing in nursing homes (NH) or supportive living facilities (SLF);
• Due to federal law, provides that the 2013 SSA COLA is not to be used for the months of January, February, and March 2013 when determining medical eligibility for a person who resides in the community under category 91, 92, 93, 94, or 96 or when determining QMB, SLIB, or QI-1 eligibility.