Applying asset disregard

Sec. 5. Under the program, the office of Medicaid policy and planning must exclude and disregard an amount equal to the amount of benefits an individual receives under a qualified long term care insurance policy when determining the following: (1) The individual's resources for purposes of determining eligibility for Medicaid under IC 12-15-3. (2) The amount to be recovered from the individual's estate under IC 12-15-9 if the individual is eligible for Medicaid. As added by P.L.196-2021, SEC.6.