514H.7 Prior program — discontinuation of program. 1. If the Iowa long-term care asset disregard incentive program is discontinued, an individual who is covered by a qualified long-term care insurance policy prior to the datethe program is discontinued is eligible to continue to receive an asset disregard as definedunder section 514H.5. 2. An individual who is covered by a long-term care insurance policy under the long-term care asset preservation program established pursuant to chapter 249G, Code 2005, on orbefore November 17, 2005, is eligible to continue to receive the asset adjustment as definedunder that chapter. 3. The insurance division, in cooperation with the department of health and human services, shall adopt rules to provide an asset disregard to individuals who are covered bya long-term care insurance policy prior to November 17, 2005, consistent with the Iowalong-term care asset disregard incentive program. 2005 Acts, ch 166, §8, 13; 2009 Acts, ch 145, §19; 2023 Acts, ch 19, §1207Subsection 3 amended Sat Dec 23 00:45:52 2023 Iowa Code 2024, Section 514H.7 (16, 1)
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