CONTINUING CARE RETIREMENT COMMUNITIES (CCRC) (MAM) |
Previous Policy |
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Entrance fees for CCRC are a counted resource for determining eligibility for all categories of medical assistance if the:
. entrance fee may be used to pay for care should other resources or income be insufficient to pay for such care;
. individual is entitled to a refund of any remainder entrance fee when the individual dies or terminates the CCRC or life care community contract and leaves the community; or
. entrance fee does not confer an ownership interest in the CCRC or lifecare community.