1. The department of human services shall seek approval of a state plan amendment or make application to the United States department of health and human services for any necessary waivers under 42 U.S.C. § 1396n relating to providing assistance under chapter 249A.
2. The division of insurance shall adopt rules pursuant to chapter 17A for the certification of any long-term care policy or contract which, if purchased by an eligible individual, will allow such individual to retain additional assets as provided in section 249G.4. A policy certified pursuant to this section shall satisfy the definition in section 514G.4, subsection 5, and additionally shall, at a minimum, do all of the following:
a. Inform the purchaser of the availability of consumer information concerning the long-term care asset preservation program established in this chapter.
b. Provide the option of home and community-based services in addition to nursing home care.
c. Provide case management services in all home care plans.
d. Provide for inflation protection.
e. Provide for recordkeeping and an explanation of benefit reports on insurance payments which qualify for the asset adjustment under section 249G.4.
f. Provide for written reports to the division regarding the effects of this program on the amount of medical assistance payments made under chapter 249A.
3. The division of insurance shall develop and implement a plan providing information to persons who may be eligible to participate in the long-term care asset preservation program.
93 Acts, ch 92, §2
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