760 Ind. Admin. Code 2-20-30

Current through October 31, 2024

Section 760 IAC 2-20-30 - "Qualified long term care insurance policy or certificate" defined

Authority: IC 27-8-12-7.1

Affected: IC 12-15-2; IC 12-15-39.6; IC 27-8-12-7

Sec. 30.

As used in this rule, "qualified long term care insurance policy or certificate" means:

(1) any long term care insurance policy or certificate qualified for sale to Indiana residents by the department of insurance as meeting standards promulgated under IC 27-8-12-7 and IC 27-8-12-7.1; or

(2) any long term care insurance policy or certificate owned by an Indiana resident purchased under another state's Partnership for Long Term Care Program if the other state's program is similar to the Indiana Long Term Care Program and OMPP has a reciprocity agreement with the other state's Medicaid program.

760 IAC 2-20-30

Department of Insurance; 760 IAC 2-20-30; filed Nov 20, 1992, 9:00 a.m.: 16 IR 1149; filed Feb 9, 1999, 5:02 p.m.: 22 IR 1990; readopted filed Sep 14, 2001, 12:22 p.m.: 25 IR 531; readopted filed Nov 27, 2007, 4:01 p.m.: 20071226-IR-760070717RFA; readopted filed November 26, 2013, 3:43 p.m.: 20131225-IR-760130479RFA

Readopted filed 11/19/2019, 9:18 a.m.: 20191218-IR-760190497RFA

Readopted filed 11/30/2022, 11:39 a.m.: 20221228-IR-760220302RFA