North Carolina § 58-55-55 - Definitions.

§ 58-55-55. Definitions.

The following definitions apply in this section: Asset. - Resources and income. Department. - The Department of Health and Human Services. Division. - The Division of Health Benefits. Estate recovery. - The placing of a statutory claim on the estate of a deceased Medicaid recipient, as provided by G.S. 108A-70.5. Medicaid. - The federal medical assistance program established under Title XIX of the Social Security Act. Qualified long-term care partnership policy or qualified policy. - A long-term care insurance policy approved for use in North Carolina and that meets all the requirements of the federal Deficit Reduction Act of 2005, P.L. 109-171. Resource. - Cash or its equivalent and real or personal property that is available to an applicant or recipient. Resource disregard. - The amount of resources of an applicant for long-term care Medicaid that is equal to the amount of benefits paid to the applicant under a qualified long-term care partnership policy. Resource protection. - An amount equal to the resource disregard given to a Medicaid recipient during the long-term care Medicaid eligibility determination process. History (2010-68, s. 4; 2019-81, s. 15(a).) Editor's Note. - Session Laws 2010-68, s. 5, made this Part effective January 1, 2011, or 60 days after approval of the Medicaid State Plan amendment, whichever is later. State Medicaid Plan was approved January 6, 2011, to be effective January 1, 2011. Effect of Amendments. - Session Laws 2019-81, s. 15(a), effective July 1, 2019, substituted "Division of Health Benefits" for "Division of Medical Assistance" in subdivision (3).