§ 51.1-1135.2. Board authorized to provide long-term care insurance and benefits
A. For purposes of this section, "eligible employee" means the same as that term is defined in § 51.1-1100.
B. The Board is authorized to develop, implement, and administer a long-term care insurance program for eligible employees. The Board may contract for and purchase such long-term care insurance or may self-insure long-term care benefits or may use such other actuarially sound funding necessary to effectuate such long-term care insurance and benefits.
C. The costs of providing long-term care benefits shall be paid by state agencies from funds as shall be appropriated by law to state agencies. State agencies shall pay to the Board from such funds contribution amounts, to be determined by the Board, to provide the Board with such funds as shall be required from time to time to (i) obtain and maintain long-term care insurance and benefits for eligible employees, and (ii) administer the long-term care insurance program, including providing case management and cost containment programs. Contributions shall be deposited in the Disability Insurance Trust Fund established under § 51.1-1140.
(2002, cc. 663, 697.)
Sections: Previous 51.1-1128 51.1-1129 51.1-1130 51.1-1131 51.1-1132 51.1-1133 51.1-1134 51.1-1135 51.1-1135.1 51.1-1135.2 51.1-1136 51.1-1137 51.1-1138 51.1-1139 51.1-1140 NextLast modified: April 16, 2009