53-6-803. (Effective six months after occurrence of contingency) Long-term care insurance partnerships authorized. (1) The commissioner and the department may in their discretion create long-term care insurance partnerships if federal law permits those partnerships. If created, the partnerships must be consistent with the requirements of Title XIX of the Social Security Act, 42 U.S.C. 1396, et seq.
     (2) The commissioner and the department may in their discretion collaborate with private insurers to create long-term care insurance partnerships that will allow individuals who have resources in excess of the resource limit for receipt of medical assistance under the Montana medicaid program to receive medical assistance benefits if those individuals are eligible for or require the level of care provided by a long-term care facility and meet the other program requirements to qualify for those benefits.
     (3) Under partnerships created pursuant to this section, individuals may qualify for special treatment of their resources if they purchase a long-term care insurance policy or certificate certified by the commissioner and the department as provided in 53-6-804 prior to becoming eligible for medical assistance benefits.
     (4) The long-term care insurance partnerships may in the department's discretion be based on a dollar-for-dollar model or any other model that is cost-neutral.

     History: En. Sec. 3, Ch. 195, L. 1997.