26B-3-205. Long-term care insurance partnership.
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/ut/title-26b/chapter-3/26b-3-205·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Effective 5/1/2024
26B-3-205. Long-term care insurance partnership.
(1)As used in this section:
(a)"Qualified long-term care insurance contract" is as defined in 26 U.S.C. Sec. 7702B(b).
(b)"Qualified long-term care insurance partnership" is as defined in 42 U.S.C. Sec. 1396p(b)(1)(C)(iii).
(c)"State plan amendment" means an amendment to the state Medicaid plan drafted by the department in compliance with this section.
(2)The department shall seek federal approval of a state plan amendment that creates a qualified long-term care insurance partnership.
(3)The department may make rules to comply with federal laws and regulations relating to qualified long-term care insurance partnerships and qualified long-term care insurance contracts.
Amended by Chapter 284 , 2024 General Session