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MAABD MAABD MAABD MAABD MAABD MAABD MAABD MAABD E-410 Division of Welfare and Supportive Services RESOURCES Medical Assistance Manual TYPES OF RESOURCES (not all inclusive) 24 Sept MTL 04/24 ENTRANCE FEES – FEDERAL TAX REFUNDS RESOURCE TYPE DESCRIPTION

ENTRANCE FEES

1. Personal Property

2. Conditional

Fees paid to continuing care retirement communities (CCRCs), or life care communities (LCCs) where a range of living arrangements from independent living through skilled nursing facility care is provided.

These facilities require potential residents to provide information about their finances, resources and income, before being accepted for admission.

The value is determined taking into account spousal impoverishment rules, where appropriate.

Effective February 8, 2006, considered an available resource if all three conditions are met:

– Individual can use them to pay for care when other income and assets are insufficient; Refundable upon death of the resident or termination of residency in the facility; and

– Fees do not confer (give) any ownership interest in the CCRC or LCC

Verification: (not all inclusive)

– Customer’s statement – Copy of signed contract – Receipt of funds paid

FEDERAL TAX REFUNDS

1. Personal Property

2. Conditional Exclusion

An unspent federal tax refund or payment is excluded from resources for a period of 12 months following the month of receipt of the payment.

Verification: (not all inclusive)

– Copy of check – Copy of IRS filing form