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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) The purpose of this program shall be to reduce Medicaid costs for long-term care by encouraging the purchase of private long-term care insurance policies that are covered under the “qualified state long-term care insurance partnerships.”
(b) It is the intent of the long-term care partnership to do all of the following:
(1) Provide incentives for individuals to insure against the costs of providing for their long-term care needs.
(2) 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.
(3) Alleviate the financial burden on the state's medical assistance program by encouraging the pursuit of private initiatives.
Cite this article: FindLaw.com - West Virginia Code Chapter 9. Human Services § 9-4E-1. Purpose - last updated January 01, 2024 | https://codes.findlaw.com/wv/chapter-9-human-services/wv-code-sect-9-4e-1/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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