Idaho State Statutes - Idaho Attorney Directory

(1) Upon the repeal of
restrictions to asset protection contained in the omnibus budget
reconciliation act of 1993 (public law 103-66, 107 Stat. 312), there shall be
established the Idaho long-term care partnership program, to be administered
by the department with the assistance of the department of insurance to do the
following:
(a) Provide incentives for individuals to insure against the costs of
providing for their long-term care needs;
(b) Provide a mechanism for individuals to qualify for coverage of the
cost of their long-term care needs under medicaid without first being
required to substantially exhaust their resources;
(c) Provide counseling services to individuals planning for their
long-term care needs; and
(d) Alleviate the financial burden on the state's medical assistance
program by encouraging the pursuit of private initiatives.
(2) Upon exhausting benefits under a long-term care partnership program
policy, certain resources of an individual, as described in subsection (3) of
this section, shall not be considered by the department as a determination of
any of the following:
(a) Eligibility for medicaid;
(b) Amount of any medicaid payment; or
(c) Any subsequent recovery by the state of a payment for medical
services.
(3) The department shall promulgate necessary rules and amendments to the
state plan to allow for asset disregard. To provide asset disregard, for
purchasers of a long-term care partnership program policy, the department
shall count insurance benefits paid under the policy toward asset disregard to
the extent the payments are for covered services under the long-term care
partnership program policy.

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