2 Colo. Code Regs. § 505-1-21.860
The ability to pay of the legally responsible person(s) is the sum of the monthly adjusted income and the monthly adjusted assets available to pay for the cost of care, support, maintenance, treatment, and education at the institution.
The monthly adjusted assets considered available to pay for care, support, maintenance and treatment is one (1) percent of adjusted assets.
The following table is used to calculate the monthly adjusted income considered available to pay for care, support, maintenance, treatment, and education.
MONTHLY ADJUSTED INCOME AVAILABLE TO PAY FOR CARE, SUPPORT, MAINTENANCE, TREATMENT AND EDUCATION
Adjusted Income | 1st - 6th Calendar Months | 7th and Subsequent Calendar Months |
Percent of Adjusted Income Available | ||
$0-$ 499 | 20% | 15% |
$500-$ 999 | 30% | 25% |
$1,000 - $1,499 | 35% | 30% |
$1,500 - $1,999 | 40% | 35% |
$2,000 and above | 45% | 40% |
2 CCR 505-1-21.860