Your Inside Look at Arizona’s Health Care Community
Posted in ALTCS, Asset Protection, Assisted Living, Family & Caregiver on Jan 29th, 2009
Using joint bank accounts when financing long-term care can be beneficial for many reasons. For example, it can be helpful to establish a joint account from which a son or daughter can draw to help an aging parent with shopping or paying bills. Likewise, seniors in nursing homes might find it useful to establish a joint [...]
Posted in Events, Family & Caregiver, Parkinsons, Social Workers on Jan 21st, 2009
February 15th, 2009 marks the 3rd annual Walk the Fight in support of Parkinson’s Disease. This walk is held in order to raise money for continued research, education and outreach to those affected by this disease. You can participate as an individual walker, put together a team or become a business sponsor at one of [...]
Posted in ALTCS, Asset Protection on Jan 16th, 2009
Many people in need of long-term care have questions about long-term care insurance:
What will my long-term care insurance policy cover?
How do I purchase long-term care insurance?
When is the best time to purchase long-term care insurance?
The dilemma here is that long-term care insurance is unlikely to provide a solution in the event of a crisis. However, [...]
Posted in ALTCS, Asset Protection on Jan 14th, 2009
Individuals applying for ALTCS commonly think they can give away $12,000 and become eligible for ALTCS. This belief comes from from the federal estate tax rules, which are much different from ALTCS rules. Although tax rules allow gifting of up to $12,000 per person per year without gift tax consequences, ALTCS rules severely penalize applicants who give [...]
Posted in ALTCS, Hospitals, Social Workers on Jan 12th, 2009
Before becoming eligible for the Arizona Long Term Care System (ALTCS), ALTCS applicants must undergo a Pre-Admission Screen, known as the PAS. Although applicants must meet financial requirements in addition to the PAS, the PAS determines whether the applicant is medically eligible for ALTCS. Applicants begin the PAS process by providing an assessor with personal [...]
Posted in ALTCS, Events, Social Workers on Jan 6th, 2009
You’re invited to participate in the first monthly social workers conference call tomorrow!
It’s your chance to stay connected with others in the social work field. While on the call, get your questions answered, network and learn about changes in issues pertinent to your line of work. Sounds great, right?! Best of all, it’s FREE.
Mark your calendars for [...]
Posted in ALTCS on Jan 5th, 2009
Individuals applying for ALTCS are oftentimes married to a healthy spouse. Because of this, ALTCS has created allowances to ensure the healthy spouse is financially provided for. This additional allowance of resources is called the Community Spouse Resource Deduction (CSRD).
The CSRD aims to ensure the healthy spouse’s needs are met and that his or her [...]
Posted in ALTCS, Social Workers on Jan 2nd, 2009
Do you have a resident in your building that is not paying their share of cost? Is the resident not able to handle their own financial affairs? Did you know that you can apply to become representative payee (rep payee) for their social security payment (SS)? A rep payee can be an individual person or [...]