Washington, D.C. is the capital of the United States. It is a federal district, not a state, and is really a very compact city. It is located on the Potomac River, bordering the states of Maryland and Virginia. Many people who work in the District live in Maryland or Virginia and compute. However, the District has a population of 693,972 people.
The District of Columbia is not yet participating in the federal/state partnership program.
The DC income exclusion for long-term care insurance premiums is no longer a subtraction from federal adjusted gross income. Based on the taxpayer's age, certain amounts of tax qualified long-term care insurance premiums are deductible as itemized deduction medical expenses. Federal tax incentives do apply.
Long-Term Care Medicaid spend down is $2600. A spouse’s minimum asset allowance is $126,420. Your spouse’s minimum monthly income allowance is $3,160.50. *
A variety of affordable products are approved in the District for Long-Term Care planning. These include traditional plans, short duration plans and asset-based “hybrid” plans.
*The federal government sets new minimum and maximum amounts each year, but states and U.S. territories can set their own minimum requirements at any level between the federal limits. This information is based on best available sources
DC Long-Term Care Costs
|Home Health Aide||Average Monthly Rate||$3,813|
|Homemaker Services||Average Monthly Rate||$3,813|
|Adult Day Care||Average Monthly Rate||$1,733|
|Assisted Living||Average Monthly Cost||$9,266|
|Skilled Nursing Home||Semi-Private Monthly||$9,125|
|Skilled Nursing Home||Private Average Monthly||$9,733|