Identifying Annuity Transactions
Only one MA-LTC annuity transaction must be identified to apply the annuity requirements for MA-LTC. Once that is identified those requirements must be evaluated.
How do you know if an MA-LTC annuity transaction has occurred?
Look at the following information to help you determine whether an MA-LTC annuity transaction has occurred within the lookback period when an interest in an annuity is reported and verified.
If you are unsure whether or not an annuity transaction has occurred send the Required Annuity Information (DHS-5143) (PDF) form to the client. Applicants are required to complete, sign and return this form prior to determining MA-LTC eligibility.
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Annuity Transactions