Section 15-402 - Program established; purposes; administration. - Maryland Statutes

§ 15-402. Program established; purposes; administration.
 

(a)  Program established.- There is a Qualified State Long-Term Care Insurance Partnership. 

(b)  Purposes.- 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)  Administration.- The Program shall: 

(1) Be administered by: 

(i) The Department; and 

(ii) The Commissioner; 

(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. 
 

[1993, ch. 513; 2006, ch. 492; 2007, chs. 28, 29.]