{"id":1620,"date":"2021-05-28T19:38:00","date_gmt":"2021-05-28T19:38:00","guid":{"rendered":"https:\/\/azmedicaidplanning.net\/?p=1620"},"modified":"2021-11-23T21:58:55","modified_gmt":"2021-11-23T21:58:55","slug":"key-terms-and-numbers-2021","status":"publish","type":"post","link":"https:\/\/azmedicaidplanning.net\/key-terms-and-numbers-2021\/","title":{"rendered":"Key Terms and Numbers 2021"},"content":{"rendered":"<p><strong>AHCCCS:<\/strong>\u00a0Arizona Health Care Cost Containment System. The agency tasked with managing several public health care programs here in Arizona.<\/p>\n<p><strong>ALTCS:<\/strong>\u00a0The Arizona Long Term Care System. Arizona\u2019s Medicaid Program.<\/p>\n<p><strong>300% of the Federal Benefit Rate (or FBR):<\/strong>\u00a0The Single person income limit for ALTCS without having to create a \u201cMillers Trust\u201d (Also known as an Income Only Trust here in Arizona.\u00a0Currently, the number is $2,382.00.<\/p>\n<p><strong>Miller\u2019s trust:<\/strong>\u00a0A trust that allows the potential applicant to have greater than 300% of the FBR and up to the \u201cAverage Cost of Care\u201d as determined by AHCCCS through an annual survey that varies per county in Arizona. For Maricopa County, the Average Cost of Care (or ACC) is $7,366.21.<\/p>\n<p>Marital income limits are effectively double the single person limits.<\/p>\n<p><strong>Resource Limits:<\/strong>\u00a0The amount of countable assets an individual can have and still qualify for benefits.<\/p>\n<ul>\n<li>Single person: Less than $2,000.00 in countable resources.<\/li>\n<li>Married person: the applicant cannot have more than $2,000.00 in countable resources and the spouse can have up to the limit as determined by a resource Assessment.<\/li>\n<\/ul>\n<p><strong>Resource assessment:<\/strong>\u00a0The process by which the state determines how much the healthy spouse can have and still have the applicant qualify for benefits. The minimum amount is currently $26,076.00 and the maximum amount is $130,380.00.\u00a0 ALTCS takes all the countable assets of the marriage and puts it into a pile and divides by two.\u00a0 If the number is below the minimum then you get the minimum.\u00a0 If that number is between the minimum and the maximum than the number is that number.\u00a0 If the number is in excess of the maximum than the spouse can only have up to the maximum.\u00a0 It does not matter to ALTCS how the assets are held (individually, together, in a trust, etc.) nor does it matter how they came into the marriage, both Prenuptial and postnuptial agreements are not relevant to this process.<\/p>\n<p><em>These numbers change annually and are current as of this date 1\/01\/2021.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>AHCCCS:\u00a0Arizona Health Care Cost Containment System. The agency tasked with managing several public health care programs here in Arizona. ALTCS:\u00a0The Arizona Long Term Care System. Arizona\u2019s Medicaid Program. 300% of the Federal Benefit Rate (or FBR):\u00a0The Single person income limit for ALTCS without having to create a \u201cMillers Trust\u201d (Also known as an Income Only [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Key Terms and Numbers 2021 - Arizona Medicaid Planning Service<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/azmedicaidplanning.net\/key-terms-and-numbers-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Key Terms and Numbers 2021 - Arizona Medicaid Planning Service\" \/>\n<meta property=\"og:description\" content=\"AHCCCS:\u00a0Arizona Health Care Cost Containment System. 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