THIS ARTICLE IS INTENDED TO SUPPORT THE READER’S AWARENESS AND UNDERSTANDING. IT IS NOT LEGAL ADVICE. IF THE READER SEEKS LEGAL ADVICE CONCERNING HIS OR HER PARTICULAR SITUATION, HE OR SHE SHOULD SEEK OUT AN ATTORNEY IN A LAWYER CLIENT RELATIONSHIP.
The Look Back Date is the Earliest Date to Assess a Period of Ineligibility Penalty for the Transfer of Assets for Less than FMV. For Individuals Applying for Payment of Services in an LTC facility or HCBS who are not recipients of MA, the Look Back Period Begins Five Years Prior To The Application Date for MA LTC .
The look back date is the earliest date that the CAO can assess a penalty for the transfer of assets exceeding $500 .00 monthly for less than FMV. In order to determine the look back period, the following rules should be applied: For individuals applying for payment of services in an LTC facility or HCBS who are not recipients of MA: The look back period begins five years prior to the application date for MA LTC See LTC Handbook 440.82 Look back date and look back period