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CODE OF COLORADO REGULATIONS 10 CCR 2505-10 8.100 Medical Services Board

228 see the Section 8.482.33 in this volume “Post Eligibility Treatment of Income”. c. Long-Term Care Insurance Long-Term Care insurance payments are not counted as income for eligibility purposes. However, they are income available for a patient payment. The patient payment shall include the client’s income after the allowable deductions and any Long-Term Care insurance payments for the month. In the event that the patient payment is greater than the cost of care, the Long-Term Care insurance payment shall be applied before the client’s income. i) If Long-Term Care insurance is received for the month, and: 1) If, after all deductions, the client has income available for a patient payment, add this to the amount of the Long-Term Care insurance to determine the total patient payment. a) If the total amount is greater that the allowable cost of care, the Long-Term Care insurance is applied before the client’s income, or; b If after all deductions, the client does not have income available for the patient payment, only the Long-Term Care insurance payment is used. d. Personal Needs Allowances i) Non-Veteran related personal needs allowance 1) Prior to January 1, 2015 the personal needs allowance base amount is $50 per month. 2) Effective January 1, 2015 the personal needs allowance base amount is $75 per month and will be adjusted annually at the same rate as the statewide average of the nursing facility per diem rate net of patient payment pursuant to