Sec. 3. (a) As used in this chapter, "long term care insurance" means insurance coverage for at least twelve (12) consecutive months for each covered person on an expense incurred, indemnity, or prepaid basis for one (1) or more necessary long term care services provided in a setting other than an acute care wing of a hospital.
(b) The term does not include payment:
(1) of coinsurance, deductibles, or premiums for other insurance policies;
(2) for services covered by other insurance policies; or
(3) for services covered by Parts A and B of the Medicare program (42 U.S.C. 1395 et seq.).
As added by P.L.24-1997, SEC.53.
Structure Indiana Code
Chapter 39.6. Long Term Care Program
12-15-39.6-0.5. Asset Disregard; Date for Discontinuing Long Term Care Program
12-15-39.6-1. "Long Term Care" Defined
12-15-39.6-2. "Long Term Care Facility" Defined
12-15-39.6-3. "Long Term Care Insurance" Defined
12-15-39.6-4. "Health Maintenance Organization" Defined
12-15-39.6-5. "Qualified Long Term Care Policy" Defined
12-15-39.6-6. Establishment and Administration of Program
12-15-39.6-7. Information on Long Term Care Insurance; Availability; Assistance
12-15-39.6-9. Policy Provisions
12-15-39.6-10. Asset Disregard Adjustment
12-15-39.6-11. Application of Asset Disregard to Determination of Individual's Assets
12-15-39.6-12. Discontinuation of Program
12-15-39.6-13. Reciprocal Agreements to Extend Asset Disregard
12-15-39.6-15. Asset Disregard for Long Term Care Policyholders