2009 Iowa Code
Title 13 - Commerce
Subtitle 1 - Insurance and Related Regulation
CHAPTER 514H - LONG=TERM CARE ASSET DISREGARD INCENTIVES
514H.1 - DEFINITIONS.

        514H.1  DEFINITIONS.
         As used in this chapter, unless the context otherwise requires:
         1.  "Deficit Reduction Act of 2005" means section
      6021(a)(1)(A) of Pub. L. No. 109-171 as it pertains to the expansion
      of state long-term care insurance partnership programs.
         2.  "Long-term care facility" means a facility licensed under
      chapter 135C or an assisted living program certified under chapter
      231C.
         3.  "Long-term care insurance" means long-term care insurance
      as defined in section 514G.103 and regulated in section 514G.105.
         4.  "Qualified long-term care insurance policy" means a
      long-term care insurance contract that is issued by an insurer or
      other person who complies with section 514H.4.
         5.  "Qualified long-term care services" means qualified
      long-term care services as defined in section 7702B(c) of the
      Internal Revenue Code.
         6.  "Qualified state long-term care insurance partnership"
      means an approved state plan amendment, according to the Deficit
      Reduction Act of 2005 that provides for the disregard of any assets
      or resources in an amount equal to the insurance benefit payments
      that are made to or on behalf of an individual who is a beneficiary.
      

         2005 Acts, ch 166, §2, 13; 2008 Acts, ch 1175, §15; 2009 Acts, ch
      145, §13, 14