| Last Action | signed by Governor (Acts Ch. 16) |
|---|---|
| Title | AN ACT relating to long-term care insurance. |
| Bill Documents |
Bill
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| Impact Statements | Fiscal Note |
| Bill Request Number | 1056 |
| Sponsors | J. Greer, B. Montell, K. Hall, T. Kerr, A. Koenig, T. Thompson, J. Vincent, R. Weston, S. Westrom |
| Summary of Original Version | Create new sections of Subchapter 14 of KRS Chapter 304 to establish the Kentucky Long-Term Care Partnership Program upon approval of a Medicaid waiver to disregard assets, resources, and estate recovery requirements of the Medicaid program in a $1 to $1 amount; permit Medicaid eligibility with disregards upon the exhaustion of the benefits of the partnership policy; require the Office of Insurance and the Department for Medicaid Services to jointly establish the program; define policy terms and services covered; require approval of a partnership policy; specify reporting requirements; require assurance that agents who sell partnership policies understand the policy in Section 2(4); require promulgation of administrative regulations; require insurers to disclose availability of the Kentucky Long-Term Care Partnership Insurance Program; create a new section of KRS Chapter 205 to require the Department for Medicaid Services to apply for a federal waiver to establish the partnership program; require notice of waiver submission and response; require assistance with training materials reporting requirements; require reports to Interim Joint Committees on Banking and Insurance and Health and Welfare. |
| Index Headings of Original Version |
Fiscal Note - Care partnerships program, establish Fiscal Note - Care partnerships program, establish Aged Persons and Aging - Care partnerships program, establish Disabilities and the Disabled - Care partnerships program, establish Guardians - Care partnerships program, establish Health and Medical Services - Care partnerships program, establish Hospitals and Nursing Homes - Care partnerships program, establish Insurance - Care partnerships program, establish Medicaid - Care partnerships program, establish State Agencies - Health and Family Services, Medicaid, long-term care insurance State Agencies - Insurance, Medicaid, long-term care insurance |
| Proposed Amendments | House Committee Substitute 1 |
| Votes | Vote History |
| 01/10/08 |
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|---|---|
| 01/15/08 |
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| 01/24/08 |
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| 01/30/08 |
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| 01/31/08 |
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| 02/13/08 |
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| 02/14/08 |
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| 02/19/08 |
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| 02/27/08 |
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| 02/28/08 |
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| 03/03/08 |
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| 03/05/08 |
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| 03/07/08 |
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| 04/01/08 |
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| 04/07/08 |
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| Amendment | House Committee Substitute 1 |
|---|---|
| Impact Statements | Fiscal Note |
| Summary | Retain the original provisions; in Section 2(2)(c) delete "Kentucky" and insert "as state with a qualified long-term care partnership program; change Section 3(1) to provide that each insurer or its agent soliciting or offering to sell a partnership policy must provide each prospective applicant a Partnership Program Notice disclosing the availability of the program and outlining the requirements and benefits of a partnership policy. |
| Index Headings |
Fiscal Note - Care partnerships program, establish Fiscal Note - Care partnerships program, establish Aged Persons and Aging - Care partnerships program, establish Disabilities and the Disabled - Care partnerships program, establish Guardians - Care partnerships program, establish Health and Medical Services - Care partnerships program, establish Hospitals and Nursing Homes - Care partnerships program, establish Insurance - Care partnerships program, establish Medicaid - Care partnerships program, establish State Agencies - Health and Family Services, Medicaid, long-term care insurance State Agencies - Insurance, Medicaid, long-term care insurance |
Last updated: 8/28/2019 8:09 AM (EDT)