Section Introduction
In the previous section the LTC needs allowance was identified as a deduction allowed when completing the LTC income calculation. The LTC needs allowance is deducted after the Medicare premium deduction.
There are four different types of needs allowances, but only one can be used in a given month based on certain factors. The needs allowances are being presented in this section in the order you must consider them for use:
- SIS-EW Maintenance Needs Allowance.
- Home Maintenance Allowance.
- Veteran’s Improved Pension.
- Clothing and Personal Needs Allowance.
The needs allowances are updated in January or July of each year. The most recent allowance figures can be found in Appendix F of the EPM.
Refer to the needs allowances section found on the handout LTC Income Calculation (PDF) as you read through this section.
Page 1
LTC Income Calculation - Needs Allowance