2009 Iowa Code
Title 13 - Commerce
Subtitle 1 - Insurance and Related Regulation
CHAPTER 514H - LONG=TERM CARE ASSET DISREGARD INCENTIVES
514H.7 - PRIOR PROGRAM -- DISCONTINUATION OF PROGRAM.

        514H.7  PRIOR PROGRAM -- DISCONTINUATION OF PROGRAM.

         1.  If the Iowa long-term care asset disregard incentive program
      is discontinued, an individual who is covered by a qualified
      long-term care insurance policy prior to the date the program is
      discontinued is eligible to continue to receive an asset disregard as
      defined under section 514H.5.
         2.  An individual who is covered by a long-term care insurance
      policy under the long-term care asset preservation program
      established pursuant to chapter 249G, Code 2005, on or before
      November 17, 2005, is eligible to continue to receive the asset
      adjustment as defined under that chapter.
         3.  The insurance division, in cooperation with the department of
      human services, shall adopt rules to provide an asset disregard to
      individuals who are covered by a long-term care insurance policy
      prior to November 17, 2005, consistent with the Iowa long-term care
      asset disregard incentive program.  

         2005 Acts, ch 166, §8, 13; 2009 Acts, ch 145, §19