Cost of Living Increase Impacts Medicaid Income Eligibility
On January 1, 2019, the Social Security Administration adjusted benefits upward by 2.8 percent. The 2.8 percent cost-of-living adjustment will begin with benefits payable to more than 62 million Social Security beneficiaries. Increased payments to more than 8 million Supplemental Security Income (SSI) beneficiaries brings the maximum monthly benefit from $750 per month in 2018 to $771 per month in…

