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West Virginia Income Maintenance Manual Chapter 24

West Virginia Income Maintenance Manual Page 72 Chapter 24 Long Term Care

LTCIP POLICY VERIFICATION (DFA-LTCIP-1) This form is given to the applicant for completion by the individual’s insurance carrier or other individual who can attest to the policy’s details and benefits paid. Other sources of verification are the Qualified LTCIP Policy, letter from the issuing state’s governmental agency that regulates insurance, or verification from the issuing insurance agency indicating compliance of the Policy with Section 1917(b)(5)(A) of the Social Security Act. PARTNERSHIP (QUALIFIED) STATES States that are participating in the LTCIP. Each Partnership State has an approved State Plan Amendment (SPA) that indicates the date the State implemented the LTCIP. West Virginia’s SPA implemented the LTCIP as of July 1, 2010. QUALIFIED LTCIP POLICY An LTC Policy that meets certain requirements of federal and state law. These policies are issued by Partnership (Qualified) States as of the date the State implemented the LTCIP. RECIPROCITY A reciprocal relationship exists between Partnership States that allows a resident with a Qualified LTCIP Policy in one Partnership State who later moves to another Partnership State, the same asset protection he previously had. 24.8.5.C Individuals Who May Receive the LTCIP Asset Disregard The LTCIP Asset Disregard is available to only individuals in the Nursing Facility coverage group but whose individual resources exceed the asset limit. 24.8.5.D Verifications Required When an individual states he has an LTC policy that has paid insurance benefits to him or on his behalf, the Worker evaluates him for the LTCIP Asset Disregard.