2008 House Bill 52 (Create Kentucky Long-Term Care Insurance Partnership Program)

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Introduced by Rep. Brad Montell (R) on January 8, 2008, to create a state program that allows an individual receiving long-term care services to qualify for Medicaid more easily and avoid some part of Medicaid estate recovery requirements. The bill provides that, subject to federal approval, private long-term care insurance policies purchased through this program shall allow the policyholder to exempt from Medicaid eligibility any financial assets up to the value of insurance policy benefits paid if the policy is designed to pay benefits for at least twelve months.
- Referred to the House Banking and Insurance Committee on January 9, 2008.
- Withdrawn in the House on January 9, 2008.

Most Recent Comments

1) Bill Huff [by Anonymous Citizen on March 13, 2008]
This legislation is overdue.

I'm 69 years old and have a few assets, but not enough, for my future care if I live to 80 years old.

I'm concerned that my state, Kentucky, has very little legislation providing me with help from state and federal government.

This legislation is kind of senior legislation that our elected stewards ought to be pursuing.

In fact, I'd like to see Kentucky's Division of Aging petition federal medicaid for waiver allowing medicaid funding to be used towards seniors who don't necessarily need to live in a nursing home because they're still independent, to have medicaid funding for their living in an assisted living facility.

Today, nursing home care costs medicaid around $75,000 annually in a semi-private room and assisted living care is available for seniors who can live in a private room, receive 3 meals per day including snacks, have daily activities, security, housekeeping and transportation to and from their medical appointments.

Bill Huff
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2) 2008 House Bill 52 (Create Kentucky Long-Term Care Insurance Partnership Program) [by admin on January 1, 2001]
Introduced in the House on January 8, 2008

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