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Terms Used In Iowa Code 514H.3

  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
514H.3 Eligibility.
An individual who is the beneficiary of a qualified long-term care insurance policy approved
by the insurance division may be eligible for assistance under the medical assistance program using the asset disregard provisions pursuant to § 514H.5.
2005 Acts, ch 166, §4, 13; 2009 Acts, ch 145, §16
Referred to in §514H.5