Arizona Medicaid Long Term Care Handbook, Planner, and State Resource Guide

State:
Multi-State
Control #:
US-005HB
Format:
Word
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Description

Saving enough to retire comfortable and leave a legacy to your loved ones requires sound investment and planning. However, many overlook what could be their most costly expense related to aging: paying for long term care. Long term care is expensive whether you receive care in a nursing home, assisted living facility, or in your home. Many people do not have the resources to pay for long term care, including individuals who did well for themselves in their working years. This leaves Medicaid as the only viable option many have to pay for their long term care needs.

Medicaid qualified individuals can receive care: in a traditional nursing home; in a hospice; in their home through a Home and Community Based Services (HCBS) Waiver; through a Program of All Inclusive Care for the Elderly (PACE); or through long term care insurance purchased through a state insurance partnership if you live in New York, Connecticut, Indiana, or California.

This is an excellent guide to help you understand Medicaid, the benefits it provides for long term care, and who may qualify. The guide also contains tips and strategies to help you with your long term care planning, a planner to help you estimate your eligibility, and a state resource guide with state .gov websites, addresses and telephone numbers.

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  • Preview Medicaid Long Term Care Handbook, Planner, and State Resource Guide
  • Preview Medicaid Long Term Care Handbook, Planner, and State Resource Guide
  • Preview Medicaid Long Term Care Handbook, Planner, and State Resource Guide
  • Preview Medicaid Long Term Care Handbook, Planner, and State Resource Guide
  • Preview Medicaid Long Term Care Handbook, Planner, and State Resource Guide
  • Preview Medicaid Long Term Care Handbook, Planner, and State Resource Guide
  • Preview Medicaid Long Term Care Handbook, Planner, and State Resource Guide
  • Preview Medicaid Long Term Care Handbook, Planner, and State Resource Guide
  • Preview Medicaid Long Term Care Handbook, Planner, and State Resource Guide
  • Preview Medicaid Long Term Care Handbook, Planner, and State Resource Guide
  • Preview Medicaid Long Term Care Handbook, Planner, and State Resource Guide

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FAQ

ALTCS: Health Insurance for Individuals Who Require Nursing Home Level of Care. The Arizona Long Term Care System (ALTCS, pronounced ALL-Tecs) is health insurance for individuals who are age 65 or older, or who have a disability, and who require nursing facility level of care.

Arizona Long Term Care System (ALTCS) ALTCS is an Arizona Health Care Cost Containment System (AHCCCS) Medical Assistance Program. ALTCS provides long term services to eligible individuals who meet financial and medical requirements, are developmentally disabled, and have a medical need.

Who is eligible for Arizona Medical Assistance Program? Household Size*Maximum Income Level (Per Year)1$19,3922$26,2283$33,0644$39,9004 more rows

?Arizona is extremely unique in that it is the only state with no asset limit for the Regular Medicaid / Aged, Blind, and Disabled pathway.

Fortunately, people who want to buy long-term care insurance have several options: State-Sponsored Insurance Partnership Programs. Arizona Partnership for Long Term Care offers insurance policies that help defray the costs of long term care. Employer-Sponsored Plans. ... Private Policies.

Income Limits Household SizeGross Monthly Income Limit Effective 02/01/20231$1,2882$1,7423$2,1964$2,6502 more rows

The ALTCS gross monthly income limit is $2,742 (effective January 1, 2023) for an individual. If you are married, ask for a Community Spouse Information Sheet. If your income is over the limit, you may still be able to qualify by setting up a special type of trust.

Income Limits Household SizeGross Monthly Income Limit Effective 02/01/20231$1,6162$2,1863$2,7564$3,5252 more rows

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Arizona Medicaid Long Term Care Handbook, Planner, and State Resource Guide