Typically each year the Arizona Long Term Care System (ALTCS) income and resource eligibility criteria increases, effective January 1. However, this year the financial criteria remains the same as 2015. To recap, the following are the current ALTCS income and countable resource eligibility criteria:
Single Person: $2,199.00 gross/month
Married Persons: $2,199.00 gross/month to the applicant only; OR
$4,398.00 gross/month to both spouses.
Note, if monthly income exceeds these limits certain persons may still meet income eligibility with the use of a Miller Trust (aka Income Only Trust).
RESOURCE LIMITS (countable assets)
Single Person: $2,000.00
Married Persons: $119,220.00 (maximum CSRA)
$23,844.00 (minimum CSRA)
In addition to the allowed countable assets above, applicants may have certain additional non-countable (exempt) assets.
This is intended to provide general information only, and is not intended to provide legal advice or counsel. If you are interested in obtaining ALTCS benefits you should seek the advice of an attorney with experience and knowledge regarding the ALTCS program services, medical criteria, and financial strategies to qualify for and submit a successful ALTCS application. Bivens & Associates can aid those seeking ALTCS information on program services, medical criteria, and financial strategies. Get in touch with an elder law attorney here at Bivens & Associates today!