Indiana Code 12-15-39.8-5. Applying asset disregard
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Sec. 5. Under the program, the office of Medicaid policy and planning must exclude and disregard an amount equal to the amount of benefits an individual receives under a qualified long term care insurance policy when determining the following:
(2) The amount to be recovered from the individual’s estate under IC 12-15-9 if the individual is eligible for Medicaid.
(1) The individual’s resources for purposes of determining eligibility for Medicaid under IC 12-15-3.
Terms Used In Indiana Code 12-15-39.8-5
- program: means the Indiana long term care insurance partnership program established by section 4(a) of this chapter. See Indiana Code 12-15-39.8-2
- qualified long term care insurance policy: means an insurance policy that meets the following requirements:
Indiana Code 12-15-39.8-3
As added by P.L.196-2021, SEC.6.