March 2008
HHS Issues 2008 Federal Poverty Guidelines
The U.S. Department of Health & Human Services has issued its annual update to the federal poverty level (FPL) guidelines, which affect eligibility levels for many public benefits, including health benefits for older people and people with disabilities.
The poverty levels state a dollar figure for different sized family units but do not address issues of what income is included, what deductions from income are allowed, or who is included in a family unit.
Of particular interest to aging advocates are updates to the Medicare Savings Programs (MSP) and Medicare Part D Low-Income Subsidy (LIS), which help Medicare beneficiaries pay for premiums and co-payments.
| 2008 Federal Poverty Guidelines | ||||
|---|---|---|---|---|
| Individuals | Couples | |||
| Qualified Medicare Beneficiaries | $866.67 per month | $10,400 per year | $1,166.67per month | $14,000 per year |
| Specified Low-Income Medicare Beneficiaries | $1,040 per month | $12,480 per year | $1,400 per month | $16,800 per year |
| Qualified Individual | $1,170 per month | $14,040 per year | $1,575 per month | $18,900 per year |
| Full LIS | $1,170 per month | $14,040 per year | $1,575 per month | $18,900 per year |
| Partial LIS | $1,300 per month | $15,600 per year | $1,750 per month | $21,000 per year |