Arkansas Administrative Code
Agency 016 - DEPARTMENT OF HUMAN SERVICES
Division 20 - Division of County Operations
Rule 016.20.95-020 - 1996 Cost of Living Increase

Universal Citation: AR Admin Rules 016.20.95-020

Current through Register Vol. 49, No. 9, September, 2024

The Cost of Living Increase for Social Security recipients in 1995 will be 2.6 percent.

Therefore, the following amounts will be effective January 1, 1996:

1. The Long Term Care (LTC), TEFRA, and Home and Community Based Waiver income limits will be $1410.00.

2. The SSI/SPA full benefit level for an individual will be $470.00 and for a couple it will be $705.00.

3. The 1/3 reduction for living in the household of another is $313.34 for an individual and $470.00 for a couple.

4. The living allowance for an ineligible spouse or an ineligible child in the deeming procedures is raised to $235.00,

5. Presumed value of in-kind support and maintenance will be $176.65 for an individual and $255.00 for a couple.

6. The Minimum Monthly Maintenance Needs Allowance on the DCO-712 will be increased to $1919.00.

7. The Spousal Minimum Resource Standard on the DCO-713 will be increased to $15,348.00 and the Maximum Resource Standard will be increased to $76,740.00.

The January 1996 revised DCO-712 and DCO-713 should be available in Central Supply by mid-December.

The memorandum of instructions for processing these changes for Long Term Care and other Medicaid applicants/recipients will be issued in December.

Inquiries to: Carol McKnight, 682-8259 Terri Wright, 682-8258 Ann Dawson, 682-8254 Boyce Lovett, 682-1552

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