Action Memo: Long Term Care (LTC) Penalty Periods - Partial Months

Helping Families. Supporting Communities. Empowering Individuals.

1/18/2013

Action Memo: Long Term Care (LTC) Penalty Periods - Partial Months

Summary:

  • An LTC penalty period for non-allowable transfers may include partial months;
  • This memo is intended to provide additional information about how to calculate and apply an LTC penalty period under various circumstances.