Monday, April 20, 2009
New Laws Mean Important Changes For Long-Term Care
The Deficit Reduction Act (DRA) of 2007 and the Pension Protection Act (PPA) of 2006 are important pieces of legislation for long-term care planning
While attempting to reduce the national deficit, the DRA also included some dramatic changes in Medicaid. Most significantly, it changed both the “look back” period from 32 months to 60 months for transferred assets, and the authority for all states to adopt “partnership long term care insurance plans...”
Complete Lawyer: New Laws Mean Important Changes For Long-Term Care
While attempting to reduce the national deficit, the DRA also included some dramatic changes in Medicaid. Most significantly, it changed both the “look back” period from 32 months to 60 months for transferred assets, and the authority for all states to adopt “partnership long term care insurance plans...”
Complete Lawyer: New Laws Mean Important Changes For Long-Term Care
Permalink posted by markw @ 4:33 AM 
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