In this subchapter:
(1) “Approved plan” means a long-term care benefit plan that is approved by the Texas Department of Insurance under Subchapter C, Chapter 1651, Insurance Code.
(2) “Asset disregard” means the total equity value of assets and resources not exempt under rules governing the medical assistance program that are disregarded in determining eligibility for the medical assistance program and in determining estate recovery obligations.
(3) “Asset protection” means the right extended to a plan holder of an approved plan to dollar-for-dollar asset disregard under the medical assistance program.
(4) “Dollar-for-dollar asset disregard” means an asset disregard in which the amount of the disregard is equal to the sum of qualifying benefit payments made on behalf of the qualified plan holder.
(5) Repealed by Acts 2015, 84th Leg., R.S., Ch. 1, Sec. 4.465(a)(45), eff. April 2, 2015.
(6) “Partnership for long-term care program” means the program established under this subchapter and Subchapter C, Chapter 1651, Insurance Code.