1) Multiple Transfers Applied Together

The customer sold his home and transferred the $40,000 proceeds to his children. He transferred $10,000 per month in the months of April, May, July and August. The private pay rate for the customer’s county of residence when he was first approved for ALTCS was $5,942.65.

The $20,000 in transfers made in the consecutive months of April and May divided by $5,942.65 equals 3.36 months of ineligibility. The penalty period starts April 1 st and the partial month penalty ends in July.

Since the penalty period resulting from the consecutive months’ transfers ended in the same month the next transfer was made, all four transfers are added together. The penalty period begins in April, the month of the first transfer.