B Transfer Penalty Period Calculations

 

Example

Each of the following customers transfers $35,000 with no compensation.

Customer A was first approved for ALTCS for March 2007, and lived in Yuma County at the time.  The PPR used would be $4,445.00, and the penalty period would be 7.87 months, or 7 months and 26 days (.87 x 30 = 26.1 days; fraction is dropped).

Customer B was first approved for ALTCS for October 2013, and lived in Maricopa County at the time.  The PPR used would be $6,648.77, and the penalty period would be 5.26 months, or 5 months and 7 days (.26 x 30 = 7.8 days; fraction is dropped).

Customer C was first approved for ALTCS for June 2014, and lived in Graham County at the time.  The PPR used would be $5,595.31, and the penalty period would be 6.25 months, or 6 months and 7 days (.25 x 30 = 7.5 days; fraction is dropped).