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If no enter the number of days the A/R will be sanctioned in last month of the sanction period Multiply by the average private daily NF rate Monetary sanction amount to be added to first month s PML Issued 10/2011 DMA-5181. Calculating Penalty Period Transfers 11/1/07 or Later Prior to calculation determine Starting Point Lookback Begin Date Date Otherwise Eligible For Cost of Care/CAP Total all uncompensated transfers 11/1/07 or later Divide by the private monthly NF rate Equals number of...
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What is calculating penalty period transfers?
Calculating penalty period transfers is the process of determining the penalty period for transfers of assets that were made within a certain timeframe prior to applying for Medicaid benefits.
Who is required to file calculating penalty period transfers?
Individuals who are applying for Medicaid benefits and have made transfers of assets within a specified look-back period are required to file calculating penalty period transfers.
How to fill out calculating penalty period transfers?
Calculating penalty period transfers can be filled out by providing details of the assets transferred, the dates of the transfers, and any other relevant information required by the Medicaid application.
What is the purpose of calculating penalty period transfers?
The purpose of calculating penalty period transfers is to determine the length of the penalty period during which Medicaid benefits will be denied based on the value of assets transferred.
What information must be reported on calculating penalty period transfers?
Information such as the value of assets transferred, the dates of the transfers, and any other relevant details required by Medicaid must be reported on calculating penalty period transfers.
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