New Mexico Administrative Code
Title 8 - SOCIAL SERVICES
Chapter 200 - MEDICAID ELIGIBILITY - GENERAL RECIPIENT POLICIES
Part 520 - INCOME STANDARDS
Section 8.200.520.13 - FEDERAL BENEFIT RATES (FBR) AND VALUE OF ONE-THIRD REDUCTION (VTR)

Universal Citation: 8 NM Admin Code 8.200.520.13

Current through Register Vol. 35, No. 18, September 24, 2024

Year

Individual

Institution

Individual

Couple

Institution

Couple

FBR

FBR

VTR

FBR

FBR

VTR

1/89 to 1/90

$368

$30

$122.66

$553

$60

$184.33

1/90 to 1/91

$386

$30

$128.66

$579

$60

$193.00

1/91 to 1/92

$407

$30

$135.66

$610

$60

$203.33

1/92 to 1/93

$422

$30

$140.66

$633

$60

$211.00

1/93 to 1/94

$434

$30

$144.66

$652

$60

$217.33

1/94 to 1/95

$446

$30

$148.66

$669

$60

$223.00

1/95 to 1/96

$458

$30

$152.66

$687

$60

$229.00

1/96 to 1/97

$470

$30

$156.66

$705

$60

$235.00

1/97 to 1/98

$484

$30

$161.33

$726

$60

$242.00

1/98 to 1/99

$494

$30

$164.66

$741

$60

$247.00

1/99 to 1/00

$500

$30

$166.66

$751

$60

$250.33

1/00 to 1/01

$512

$30

$170.66

$769

$60

$256.33

1/01 to 1/02

$530

$30

$176.66

$796

$60

$265.33

1/02 to 1/03

$545

$30

$181.66

$817

$60

$272.33

1/03 to 1/04

$552

$30

$184.00

$829

$60

$276.33

1/04 to 1/05

$564

$30

$188

$846

$60

$282.00

1/05 to 1/06

$579

$30

$193

$869

$60

$289.66

1/06 to 1/07

$603

$30

$201

$904

$60

$301.33

1/07 to 1/08

$623

$30

$207.66

$934

$60

$311.33

1/08 to 1/09

$637

$30

$212.33

$956

$60

$318.66

1/09 to 1/10

$674

$30

$224.66

$1,011

$60

$337

1/10 to 1/11

$674

$30

$224.66

$1,011

$60

$337

1/11 to 1/12

$674

$30

$224.66

$1,011

$60

$337

1/12 to 1/13

$698

$30

$232.66

$1,048

$60

$349.33

1/13 to 1/14

$710

$30

$237

$1,066

$60

$355

1/14 to 1/15

$721

$30

$240

$1,082

$60

$361

1/15 to 12/15

$733

$30

$244

$1,100

$60

$367

1/16 to 12/16

$733

$30

$244

$1,100

$60

$367

1/17 to 12/17

$735

$30

$245

$1,103

$60

$368

1/18 to 12/18

$750

$30

$250

$1,125

$60

$375

1/19 to 12/19

$771

$30

$257

$1,157

$60

$386

1/20 to 12/20

$783

$30

$261

$1,175

$60

$392

1/21 to 12/21

$794

$30

$264.66

$1,191

$60

$397

1/22 to 12/22

$841

$30

$280.33

$1,261

$60

$420.50

1/23 to 12/23

$914

$30

$304.66

$1,371

$60

$456.99

1/24 to 12/24

$943

$30

$314.33

$1,415

$60

$471.66

A. Ineligible child deeming allocation is $472.

B. Part B premium is $174.70 per month.

C. VTR (value of one third reduction) is used when an individual or a couple lives in the household of another and receives food and shelter from the household or when the individual or the couple is living on their own household but receiving support and maintenance from others.

D. The SSI resource standard is $2000 for an individual and $3000 for a couple.

Disclaimer: These regulations may not be the most recent version. New Mexico may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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