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

Universal Citation: 8 NM Admin Code 8.200.520.12

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

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