Ind. Code § 12-15-39.8-5

Current through P.L. 171-2024

Section 12-15-39.8-5 - Applying asset disregard

Under the program, the office of Medicaid policy and planning must exclude and disregard an amount equal to the amount of benefits an individual receives under a qualified long term care insurance policy when determining the following:

(1) The individual's resources for purposes of determining eligibility for Medicaid under IC 12-15-3.

(2) The amount to be recovered from the individual's estate under IC 12-15-9 if the individual is eligible for Medicaid.

IC 12-15-39.8-5

Added by P.L. 196-2021,SEC. 6, eff. 7/1/2021.