§ 15-402. Program established; purposes; administration

   (a) Program established. -- There is a Qualified State Long-Term Care Insurance Partnership.

(b) Purposes. -- The purposes of the Program are to:

   (1) Provide incentives for individuals to insure against the costs of providing for their long-term care needs;

   (2) Provide mechanisms for individuals to qualify for coverage of the costs of their long-term care needs under the medical assistance program without first being required to substantially exhaust all their resources;

   (3) Assist in developing methods for increasing access to and the affordability of a long-term care policy; and

   (4) Alleviate the financial burden on the State's medical assistance program by encouraging pursuit of private initiatives.

(c) Administration. -- The Program shall:

   (1) Be administered by:

      (i) The Department; and

      (ii) The Commissioner;

   (2) Provide for the financing of long-term care services by:

      (i) Private insurance; and

      (ii) State medical assistance; and

   (3) Comply with the requirements of § 1917(b) of the Social Security Act and any applicable federal guidelines.

HISTORY: 1993, ch. 513; 2006, ch. 492; 2007, chs. 28, 29.