2007 Session

Budget Amendments - SB750 (Member Request)

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Chief Patron: Lambert
Long-term Care Information & Awareness Campaign

Item 282 #1s

Item 282 #1s

First Year - FY2007 Second Year - FY2008
Health And Human Resources
Aging, Department for the FY2007 $0 FY2008 $50,000 GF

Page 294, line 2, strike "$2,973,350" and insert "$3,023,350".

(This amendment provides funding to support the establishment of an education and awareness campaign regarding the benefits of long-term care (LTC) insurance. Federal long-term care partnership regulations permit state Medicaid programs to allow citizens to protect some of their assets even if they ultimately receive Medicaid for LTC services; Virginia has received approval to allow for long-term care partnerships. Citizens must have a “qualified” LTC insurance policy to qualify for asset protection. This is a recommendation of the Joint Commission on Health Care.)