Indiana Administrative Code (Last Updated: December 20, 2016) |
Title 760. DEPARTMENT OF INSURANCE |
Article 760IAC2. LONG TERM CARE INSURANCE COVERAGE |
Rule 760IAC2-20. Indiana Long Term Care Program |
Section 760IAC2-20-8. "Average daily private pay rate" defined
Latest version.
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As used in this rule, "average daily private pay rate" means the average daily rate charged by nursing facilities for persons not qualifying for federal or state reimbursement, established annually on a calendar year basis by OMPP for the period immediately preceding the effective date or renewal date of a policy or certificate. (Department of Insurance; 760 IAC 2-20-8; filed Nov 20, 1992, 9:00 a.m.: 16 IR 1146; readopted filed Sep 14, 2001, 12:22 p.m.: 25 IR 531; readopted filed Nov 27, 2007, 4:01 p.m.: 20071226-IR-760070717RFA; readopted filed Nov 26, 2013, 3:43 p.m.: 20131225-IR-760130479RFA)