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4. If countable resources exceed the resource limit after the CSRA, and the client has a qualified Long Term Care Partnership policy, take the following steps: a. Obtain a copy of the qualified Long Term Care Partnership policy. Verify the amount paid out on behalf of the insured as of the date of application by contacting DMA Beneficiary Services at 919-855-4000. (1) The amount paid out on behalf of the individual is the amount of resource disregard and protected amount at estate recovery. Report this amount to the estate recovery administrator at DMA. (2) To determine the amount to deduct from excess resources see c. below. b. If the client is unable to locate a copy of the qualified Long Term Care Partnership policy, request that the client provide the insurance company name and address, policy number, name of the insured, original value and amount paid out on behalf of the insured. Verify that the policy is a qualified Long Term Care Partnership policy and verify the amount paid out on behalf of the insured as of the date of application by contacting DMA beneficiary services at 919-855-4000, once you have the above information. c. Determine the amount to deduct from excess resources: (1) STEP 1: Determine the amount paid out from the qualified Long Term Care Partnership policy. (2) STEP 2: Determine amount of countable assets which are solely owned by the insured and his share of any jointly owned assets. (3) If amount in STEP 1 < amount in STEP 2, subtract amount in STEP 1 from excess resources. (4) If amount in STEP 1 > amount in STEP 2, subtract the amount in STEP 2 from excess resources. (5) If the client still has excess resources, he is not eligible unless he reduces or rebuts the excess resources. Example 1: Mr. Magenta, a single 69 year old man, purchases a qualified Long Term Care Partnership policy in North Carolina on 01/10/2011 with a lifetime maximum of $150,000. He applies for LTC on June 1, 2014 and has used $148,000 in benefits under the policy. The amount of resource disregard and estate recovery protection is the $148,000. Report $148,000 to the estate recovery administrator. His countable resources are $163,050. ($163,050 – 2,000 = 161,050 excess resources). 89