Requirement 2 - Reviewing for Uncompensated Transfer

Evaluating an annuity for a possible uncompensated transfer is the second LTC annuity requirement you will apply. As with all transfer evaluations, a person must be “otherwise eligible”

Otherwise eligible for MA-LTC means that the person has met all MA and MA-LTC eligibility requirements and would be eligible for MA-LTC but is not eligible because of a transfer penalty.

for MA-LTC, including designating DHS as the PRB as required, before the second requirement may be applied.

Even if an MA-LTC applicant is exempt from asset limits, they must comply with disclosure of ownership in an annuity and the annuity must be evaluated for possible uncompensated transfer.

Purpose of evaluation:

A period of ineligibility for payment of LTC services, known as a transfer penalty, may be applied when an applicant or enrollee or their spouse makes an uncompensated transfer.

Process:

There is a step-by-step process available to help you identify the annuities that must be evaluated for an uncompensated transfer and how to identify if an uncompensated transfer has occurred. This process is discussed in an upcoming module.

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MA-LTC Annuity Requirements

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