Texas Human Resources Code 32.252 – Partnership for Long-Term Care Program
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Texas Human Resources Code 32.252
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
The partnership for long-term care program is administered as part of the medical assistance program by the commission with the assistance of the Texas Department of Insurance. The program must be consistent with provisions governing the expansion of a state long-term care partnership program established under the federal Deficit Reduction Act of 2005 (Pub. L. No. 109-171).