<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 28-6-38 - South Dakota long-term care partnership program established. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2051652Normal { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2051652SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2051652CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2051652Normal-000000 { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2051652DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2051652Normal-000001 { margin-left: 0.70in; text-indent: -0.45in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } span.s2051652000002 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2051652SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2051652SCL-000003 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } body { text-decoration-skip-ink: none; } </style></head><body><div><p dir="ltr" class="s2051652Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=28-6-38"><span class="s2051652SENU">28-6-38</span></a><span xml:space="preserve" class="s2051652SENU">. </span><span class="s2051652CL">South Dakota long-term care partnership program established.</span></p><p dir="ltr" class="s2051652Normal-000000"><span class="s2051652DefaultParagraphFont">The Department of Social Services shall establish the South Dakota long-term care partnership program. The program shall include the following components:</span></p><p dir="ltr" class="s2051652Normal-000001"><span class="s2051652DefaultParagraphFont">(1)    Incentives for an individual to obtain insurance to cover the costs of long-term care;</span></p><p dir="ltr" class="s2051652Normal-000001"><span class="s2051652DefaultParagraphFont">(2)    Standards for long-term care insurance policies for designation as approved long-term care partnership program policies. The Division of Insurance shall assist in ensuring that these standards are appropriate. Any insurer offering any long-term care partnership program policy shall file the policy and any advertisements with the Division of Insurance in accordance with the applicable requirements of Title 58 and subject to the standards set by the Department of Social Services;</span></p><p dir="ltr" class="s2051652Normal-000001"><span class="s2051652DefaultParagraphFont">(3)    A mechanism to qualify for coverage of the costs of long-term care needs under medicaid without first being required to substantially exhaust his or her resources, including a reduction of the individual's asset valuation by one dollar for each one dollar of benefits paid out under the individual's approved long-term care partnership program policy as a determination of medicaid eligibility;</span></p><p dir="ltr" class="s2051652Normal-000001"><span class="s2051652DefaultParagraphFont">(4)    Inflation protection as provided by federal law;</span></p><p dir="ltr" class="s2051652Normal-000001"><span class="s2051652DefaultParagraphFont">(5)    Asset protection up to the maximum as provided by federal law;</span></p><p dir="ltr" class="s2051652Normal-000001"><span class="s2051652DefaultParagraphFont">(6)    Distribution of information regarding long-term care partnership plan policies to individuals through insurance companies offering approved partnership policies. The department shall approve the information before its distribution; and</span></p><p dir="ltr" class="s2051652Normal-000001"><span class="s2051652DefaultParagraphFont">(7)    Encouraging the pursuit of private initiatives to alleviate the financial burden on the state's medical assistance program. (Pursuant to SL 2006, ch 149, § 4, this section becomes effective upon passage of an amendment to section 1917 (b)(1)(C) of the Social Security Act by the United States Congress that authorizes the establishment of a long-term care partnership program.)</span></p><p dir="ltr" class="s2051652Normal"><span xml:space="preserve" class="s2051652000002"> </span></p><p dir="ltr" class="s2051652Normal"><span class="s2051652SCL">Source:</span><span xml:space="preserve" class="s2051652SCL-000003"> SL 2006, ch 149, § 2.</span></p></div></body></html>