Colorado Indigent Care Program

Income Calculations

Colorado Indigent Care Program

Taryn Graf, CICP Administrator

Objectives

? Categories of income ? Deductions ? Liquid Resources and Spend Down ? FPL Calculator ? Audits ? Policy for COVID vaccine

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Types of Income

? Three categories of income:

Employment Income Unearned Income Self-Employment Income

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Employment Income

? Employment income must be documented

Most common documentation is pay stubs Can also use letter from employer, or phone call if no other

documentation is possible DO NOT use bank statements

? Pay stubs most commonly fall into one of the following pay period types:

Weekly Bi-weekly (every two weeks) Semi-monthly (twice a month) Monthly

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Household Incomes

? Income of the applicant's spouse must be included in the application UNLESS they are legally separated or in the process of divorcing

They must provide documentation of the separation/divorce

? Employment income from a working minor (under the age of 18) or an adult student living with their parent(s) is exempt

Includes both high school students and college students

? Income for senior household members (age 65+) should be included

? Any household member listed as "Other" must have their income counted

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