5) Recalculation due to an Unreported Resource at Original CSRA Example
The customer requests a resource assessment on July 17. The FCPI is determined to be June of that year. The CSRA is completed and the spousal share is calculated to be $40,000.
On December 5, the customer applies for ALTCS. The customer’s counted resources in December include a $10,000 Certificate of Deposit (CD) that the customer owned and did not report when the CSRD was calculated in June. The CSRD is re-calculated for June and is determined to be $45,000.