D  Multiple Transfers Made Before ALTCS Approval

Examples

1)    Multiple Transfers – No Returns 

The customer applied for ALTCS on October 5, 2015.  She made the following uncompensated transfers:

·         $1,000 in July 2015

·         $3,000 in August 2015

·         $38,000 in September 2015

October 2015 is the first month that the customer is otherwise eligible for ALTCS except for the transfer. 

All transfers that were made by the customer from July through September 2015 are added together and then divided by the customer’s PPR for her county of residence to get the penalty period.   

2)    Multiple Transfers – Partial Returns 

The customer in the example above is approved in November 2015.  In December, the $1,000.00 transfer is returned to the customer.

The transfer penalty period is unaffected.  After the month in which the transfer penalty began, all of the transfers that were added together must be returned to the customer in order to end the transfer penalty period.