Are you considering applying to Medicaid/ALTCS, but unsure how you will qualify? On this page, you can find information on applying for Medicaid in Arizona (a.k.a. ALTCS), and how one of our experienced Kingman ALTCS lawyers at The Law Offices of Brandon White can help you employ various strategies to qualify for the ALTCS Medicaid program in Kingman, AZ.
What is ALTCS?
In Arizona, the federal program “Medicaid” is known as ALTCS, the Arizona Long-Term Care System. ALTCS is Medicaid and Medicaid is ALTCS. ALTCS program seeks to help Arizona residents 65 and older who require nursing home-level treatment pay for such treatment. In fact, the assistance is substantial: many people who qualify for ALTCS/Medicaid see a drastic reduction in the cost of the level of care that their elderly family need. As you can imagine, qualifying for the program can be somewhat challenging, as high medical costs and the level of care are expensive for the state, and Arizona wants to make sure that ALTCS/Medicaid assistance goes to people who can demonstrate that they truly need the assistance. This is contrary to the common misconception that all Arizona residents are entitled to Medicaid assistance once reach 65 years old. Only individuals who submit applications, demonstrate the need for nursing-home level care, and qualify financially will receive ALTCS assistance.
This means that many families will fall above the qualifying limits for ALTCS but genuinely cannot afford to support their loved one through extended periods of nursing home, assisted living, or in-home care. If you fall into this situation, we can also help you qualify through a variety of methods.
Financial restrictions on qualifying for ALTCS
When being considered for ALTCS, the state takes a vast examination of your finances, from bank statements to insurance information. More specifically, ALTCS will divide your assets into countable and uncounted resources in order to get a better idea of how well you qualify. Some examples of countable resources include: checking, savings, and credit union accounts, real property that you do not live in, cash value of some life insurance policies, cash, stocks, bonds, and non-exempt vehicles. Uncounted resources may include: your home that you live in (unless held in a trust), one vehicle, burial plots, $1500 for burial services, and household/personal belongings.
Generally, the maximum value of countable resources is capped at $2000 for an individual unmarried applicant. Income for single individuals cannot exceed $2,313/month, whereas income for married couples is limited at $4,626/month. If you are or your family are above that threshold, don’t lose hope, our Team has the experience utilizing strategies to help improve the chances of getting applicants qualified for this important program.
Strategies to Help You Qualify for ALTCS
One of the main strategies that we can help you qualify for ALTCS is through Asset Redistribution. Through some of these methods, you can reduce your countable resources and even income in a way that you will not be penalized for. Keep in mind that this process looks different for each applicant and family, but generally these strategies we use can be applied for a lot of situations.
Spending Down: Making purchases that cannot be penalized, such as arranging for a burial plot
Income Trust: If a person is over the income limit, that individual’s excess income, such as through IRAs or Social Security, is placed under a restricted account every month
Annuities: an applicant can pay a lump sum into an annuity, and turn it into a monthly income
Penalized Asset Redistribution
While there are some valid means to help you qualify, the Medicaid ALTCS program can penalize you for some restricted asset transfers. Some examples of these are gifting large amounts of money to family members and selling property for less than the fair market value. Such activities incur a penalty period – an amount of time an applicant must wait before being eligible to apply again. Because of this, you may benefit from consulting a Mohave County ALTCS Lawyer throughout the process to help you potentially avoid these mistakes.
Contact a Kingman ALTCS Attorney Right Away
For many people, the ALTCS application process can be daunting; in fact, an it’s been said an estimated 70% of first-time applicants get denied. Keeping up with all the documentation and following up with the ALTCS organization is not an easy task, but our team of experienced Kingman Medicaid Lawyers can help ease the stress in the process. We can help you apply for and qualify for this substantial aid to make sure that you or a loved one can receive the care that they need. Call us today for a free consultation on your ALTCS application!