Section 205.619 - Medicaid plan amendment to permit establishing of Kentucky Long-Term Care Partnership Insurance Program(1) By October 30, 2008, the Cabinet for Health and Family Services shall submit to the Center for Medicare and Medicaid Services an amendment to the State Medicaid Plan to permit the establishment of a Kentucky Long-Term Care Partnership Insurance Program that provides for the disregard of any assets or resources in an amount equal to the insurance benefit payments made to or on behalf of an individual who is a beneficiary of the partnership insurance program that meets the requirements of KRS 304.14-640 and 304.14-642.(2) The secretary of the cabinet shall notify in writing the commissioner of the Department of Insurance and the Interim Joint Committee on Banking and Insurance within two (2) business days of the submission of the plan amendment and of the receipt of the response by the federal agency.(3) Upon approval by the federal government of the state plan amendment, the Department for Medicaid Services, in conjunction with the Department of Insurance, shall establish the Kentucky Long-Term Care Partnership Insurance Program in accordance with KRS 304.14-640 and 304.14-642.(4) The department shall: (a) Provide consultation, information, and materials to the Department of Insurance to assist in the development and issuance of uniform training materials in accordance with KRS 304.14-642(4); and(b) Collaborate in the preparation of the report required in KRS 304.14-642(6).Effective:7/15/2010
Amended 2010, Ky. Acts ch. 24, sec. 303, effective7/15/2010. -- Created 2008, Ky. Acts ch. 16, sec. 4, effective 7/15/2008.