23 CAR § 125-104. Policy requirements

Any partnership-qualified long-term care insurance policy shall meet or exceed all of the following: (1) The policy meets all the applicable requirements of this part and the requirements of Long-Term Care Insurance, 23 CAR pt. 84; (2) The policy includes an inflation protection benefit as defined in 23 CAR § 125-103; (3) The insured was a resident of Arkansas when coverage first became effective under the policy; and (4) The policy is a qualified long-term care insurance policy as defined in Section 7702B(b) of the Internal Revenue Code of 1986 and was issued no earlier than January 1, 2008.