Illinois Long-Term Care Partnership Program Act

This act establishes a state long-term care partnership program, under which qualifying private long-term care insurance policies are linked to the state's Medicaid program so that benefits paid out under an approved policy allow a policyholder to protect a corresponding amount of assets when later applying for Medicaid coverage of long-term care. It defines the terms and standards governing which policies qualify for the program and assigns administrative responsibility to the relevant state agency, which oversees implementation and the certification of participating policies. In enacting it, the legislature replaces the state's earlier long-term care partnership framework with this program.

Editorial summary generated from the text of this act. It is not part of the statute — read the sections below for the operative language.