If a person transfers resources or income within 60 months before application for medical assistance in an nursing home (NH) or SLF, or within 60 months before receiving or applying for DoA HCBS waiver services, verify:
- the amount received for the resource or income;
- the fair market value of the resource or income; and
- whether the money received has been spent.
If the net value of all transfers is $5,000 or less, determine whether the transfer was allowable and, if not, calculate the length of the penalty period. Document the reason for allowing or disallowing the transfer in the record.
If the net value of all transfers is more than $5,000, complete a referral packet containing all available information and documents related to the total transfer and send to HFS Long Term Care - Asset Discovery Investigation (LTC-ADI) for review.