1) Transfer Penalty Period – Full Amount Returned After the Transfer Month

The customer applies for ALTCS in March. He learns that the home he gave to his son three years ago without receiving compensation will result in a transfer penalty period of 19 months and 2 days.

He is approved for ALTCS Acute beginning March 1. To allow his father to qualify for long-term care services, the son transfers the property back to the customer in June. The penalty period ends on May 31, the last day of the month before the property was returned.