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CENTENNIAL CARES DCB Budget Reduction This form is to be used to request an HAD/MAD review of an annual Grandfathered DCB Budget that is being reduced by 10% or more than the current DCB Budget. MEMBER

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How to fill out centennial care sdcb budget

01

Gather all financial information such as income, assets, and expenses.

02

Determine the period for which the budget will cover.

03

List all sources of income including wages, benefits, and any other financial assistance.

04

Calculate all expenses including cost of living, medical expenses, and any other necessary expenditures.

05

Adjust the budget as needed to ensure that income covers expenses and allows for savings if possible.

06

Review and monitor the budget regularly to make adjustments as needed.

Who needs centennial care sdcb budget?

01

Individuals who are enrolled in Centennial Care SD.Care Benefit (SDCB) program.

02

Those who require financial assistance for healthcare expenses and services.

03

Persons with disabilities or chronic conditions who rely on Centennial Care for their medical needs.

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What is centennial care sdcb budget?

The Centennial Care SDCB (Self-Directed Community Based) budget is a financial plan that outlines the resources allocated for services provided under the Centennial Care program in New Mexico, focusing on supporting individuals with disabilities.

Who is required to file centennial care sdcb budget?

Individuals receiving services under the Centennial Care program who are also participating in the self-directed option are typically required to file the Centennial Care SDCB budget.

How to fill out centennial care sdcb budget?

To fill out the Centennial Care SDCB budget, individuals must gather necessary financial information, detail anticipated expenses, and report income sources before submitting the completed budget form to the relevant authority.

What is the purpose of centennial care sdcb budget?

The purpose of the Centennial Care SDCB budget is to ensure that individuals can effectively manage their allocated resources for community-based services, ensuring that their needs are met within the budgetary limits.

What information must be reported on centennial care sdcb budget?

The Centennial Care SDCB budget must report income sources, expected monthly expenses, service costs, and other relevant financial information necessary to assess and manage the funds.

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