Section 27-47-1 Qualified long-term care services. For purposes of this chapter, “qualified long-term care services” includes care for necessary diagnostic, preventive, therapeutic, and rehabilitative services and maintenance, assisted living, or personal care services which are required by a chronically ill individual in a qualified facility or services which are provided pursuant to a plan of […]
Section 27-47-2 Deduction for premiums paid for long-term care insurance contract; treatment of contract; coverage. (a) The premiums paid for a long-term care insurance contract are deductible pursuant to Section 40-18-15, if the contract meets the following requirements: (1) Offers coverage only for qualified long-term care services and benefits incidental to the coverage. (2) Guaranteed […]
Section 27-47-3 Premium tax for long-term care coverage to be deposited into Education Trust Fund. Any amounts of premium tax for long-term care coverage shall be deposited into the Education Trust Fund. (Acts 1995, No. 95-738, p. 772, §3.)
