Section 182-513-1397. Treatment of entrance fees of individuals residing in continuing care retirement communities.

The following rule applies to long-term care medicaid applicants who reside in a continuing care retirement communities or life care communities that collect an entrance fee on admission from residents:

(1) Treatment of entrance fee. An individual's entrance fee in a continuing care retirement community or life care community is considered a resource available to the individual to the extent that:

(a) The individual has the ability to use the entrance fee, or the contract provides that the entrance fee may be used to pay for care should other resources or income of the individual be insufficient to pay for care.

(b) The individual is eligible for a refund of any remaining entrance free when the individual dies or terminates the continuing care retirement community or life care community contract and leaves the community; and

(c) The entrance free does not confer an ownership interest in the continuing care retirement community or life care community.

[WSR 13-01-017, recodified as § 182-513-1397, filed 12/7/12, effective 1/1/13. Statutory Authority: RCW 74.04.050, 74.04.057, 74.08.090, 74.09.530, section 6014 of the Deficit Reduction Act of 2005 (DRA), and 2010 1st sp.s. c 37 § 209(1). WSR 12-21-091, § 388-513-1397, filed 10/22/12, effective 11/22/12.]

WSR 13-01-017, recodified as § 182-513-1397, filed 12/7/12, effective 1/1/13. Statutory Authority: RCW 74.04.050, 74.04.057, 74.08.090, 74.09.530, section 6014 of the Deficit Reduction Act of 2005 (DRA), and 2010 1st sp.s. c 37 § 209(1). WSR 12-21-091, § 388-513-1397, filed 10/22/12, effective 11/22/12.