Virginia Code 51.1-513.1: Long-term care insurance
Current as of: 2023 | Check for updates
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The Department of Human Resource Management is authorized to develop, implement, and administer a long-term care insurance program. The program shall be coordinated with any disability, life, or other insurance program administered under this title. The Department of Human Resource Management is authorized to contract for and purchase such coverage or use other actuarially sound funding necessary to effectuate this provision.
Terms Used In Virginia Code 51.1-513.1
- Contract: A legal written agreement that becomes binding when signed.
- insurance program: means the plan covered under the policy purchased by the Board which provides group life, accidental death, and dismemberment insurance coverage for employees. See Virginia Code 51.1-500