There Is a Newer Version
of
the Georgia Code
2006 Georgia Code - 49-4-161
49-4-161. As used in this article, the term:
(1) 'Asset disregard' means, with
regard to state Medicaid benefits, 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
under a qualified long-term care insurance partnership
policy. (2) 'Commissioner'
means the Commissioner of Insurance. (3) 'Department' means the Department of
Community Health. (4)
'Georgia Qualified Long-term Care Partnership Program approved
policy' means a long-term care insurance policy that meets the
model regulations and requirements of the National Association of
Insurance Commissionerślong-term
care insurance model regulation and long-term care insurance model
act as specified in 42 U.S.C. 1917(b) and Section 6021 of the
Federal Deficit Reduction Act of 2005 and the Commissioner
certifies such policy as meeting these requirements.
(5) 'State Medicaid program' means
the medical assistance program established in this state under
Title XIX of the federal Social Security Act. (6) 'State plan amendment' means a state
Medicaid plan amendment made to the federal Department of Health
and Human Services 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
under a qualified long-term care insurance partnership
policy.
Disclaimer: These codes may not be the most recent version. Georgia may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
