Share of Cost

Share of Cost is the amount of money, if any, that the applicant pays for their care to either the program contractor of the facility for the services they receive under the ALTCS program.

How is Share of Cost Calculated?

 

You take your Gross Countable Income

Subtract your personal needs allowance

Subtract a spousal allowance (if applicable)

Subtract your “TPL(Third Party Liability” (Other health insurance for the applicant) 

Equals Share of Cost

_______________

−_______________

−_______________

 

−_______________

=_______________

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