Section 15-402 - Program established; purposes; administration(a) There is a Qualified State Long-Term Care Insurance Partnership.(b) 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) The Program shall: (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.