Long Term Care (LTC): Transfer of Assets Penalty Period Calculator

For Long Term Care applications, if a transfer of assets occurred during the look-back period of 60 months, a penalty must be assessed.

The penalty period consists of a period of ineligibility (number of days) for long-term care benefits determined by dividing the total uncompensated value of the asset by the average daily cost to a private patient in a nursing facility in Oklahoma.

Use the Transfer of Assets Calculators to determine penalty periods. Access the link below.

Transfer of Assets Penalty Period Calculator

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