New Mexico Administrative Code
Title 8 - SOCIAL SERVICES
Chapter 200 - MEDICAID ELIGIBILITY - GENERAL RECIPIENT POLICIES
Part 520 - INCOME STANDARDS
Section 8.200.520.12 - COST OF LIVING ADJUSTMENT (COLA) DISREGARD COMPUTATION
Current through Register Vol. 35, No. 18, September 24, 2024
The countable social security benefit without the COLA is calculated using the COLA increase table as follows:
A. divide the current gross social security benefit by the COLA increase in the most current year; the result is the social security benefit before the COLA increase;
B. divide the result from Subsection A above by the COLA increase from the previous period or year; the result is the social security benefit before the increase for that period or year; and
C. repeat Subsection B above for each year, through the year that the applicant or eligible recipient received both social security benefits and supplemental security income (SSI); the final result is the countable social security benefit.
COLA Increase and disregard table |
|||
Period and year |
COLA increase |
= benefit before |
|
1 |
2024 Jan - Dec |
3.2 |
Jan 24 |
2 |
2023 Jan - Dec |
8.7 |
Jan 23 |
3 |
2022 Jan - Dec |
5.9 |
Jan 22 |
4 |
2021 Jan - Dec |
1.3 |
Jan 21 |
5 |
2020 Jan - Dec |
1.6 |
Jan 20 |
6 |
2019 Jan - Dec |
2.8 |
Jan 19 |
7 |
2018 Jan - Dec |
2.0 |
Jan 18 |
8 |
2017 Jan - Dec |
0.3 |
Jan 17 |
9 |
2016 Jan - Dec |
0 |
Jan 16 |
10 |
2015 Jan - Dec |
1.017 |
Jan 15 |
11 |
2014 Jan - Dec |
1.015 |
Jan 14 |
12 |
2013 Jan - Dec |
1.017 |
Jan 13 |
13 |
2012 Jan - Dec |
1.037 |
Jan 12 |
14 |
2011 Jan - Dec |
0 |
Jan 11 |
15 |
2010 Jan - Dec |
1 |
Jan 10 |
16 |
2009 Jan - Dec |
1 |
Jan 09 |
17 |
2008 Jan - Dec |
1.058 |
Jan 08 |
18 |
2007 Jan - Dec |
1.023 |
Jan 07 |
19 |
2006 Jan - Dec |
1.033 |
Jan 06 |
20 |
2005 Jan - Dec |
1.041 |
Jan 05 |
21 |
2004 Jan - Dec |
1.027 |
Jan 04 |
22 |
2003 Jan - Dec |
1.021 |
Jan 03 |
23 |
2002 Jan - Dec |
1.014 |
Jan 02 |
24 |
2001 Jan - Dec |
1.026 |
Jan 01 |
25 |
2000 Jan - Dec |
1.035 |
Jan 00 |
26 |
1999 Jan - Dec |
1.025 |
Jan 99 |
27 |
1998 Jan - Dec |
1.013 |
Jan 98 |
28 |
1997 Jan - Dec |
1.021 |
Jan 97 |
29 |
1996 Jan - Dec |
1.029 |
Jan 96 |
30 |
1995 Jan - Dec |
1.026 |
Jan 95 |
31 |
1994 Jan - Dec |
1.028 |
Jan 94 |
32 |
1993 Jan - Dec |
1.026 |
Jan 93 |
33 |
1992 Jan - Dec |
1.03 |
Jan 92 |
34 |
1991 Jan - Dec |
1.037 |
Jan 91 |
35 |
1990 Jan - Dec |
1.054 |
Jan 90 |
36 |
1989 Jan - Dec |
1.047 |
Jan 89 |
37 |
1988 Jan - Dec |
1.04 |
Jan 88 |
38 |
1987 Jan - Dec |
1.042 |
Jan 87 |
39 |
1986 Jan - Dec |
1.013 |
Jan 86 |
40 |
1985 Jan - Dec |
1.031 |
Jan 85 |
41 |
1984 Jan - Dec |
1.035 |
Jan 84 |
42 |
1982 Jul - 1983 Dec |
1.035 |
Jul 82 |
43 |
1981 Jul - 1982 Jun |
1.074 |
Jul 81 |
44 |
1980 Jul - 1981 Jun |
1.112 |
Jul 80 |
45 |
1979 Jul - 1980 Jun |
1.143 |
Jul 79 |
46 |
1978 Jul - 1979 Jun |
1.099 |
Jul 78 |
47 |
1977 Jul - 1978 Jun |
1.065 |
Jul 77 |
48 |
1977 Apr - 1977 Jun |
1.059 |
Apr 77 |