Illinois Statutes

§ 5B-8 — Long-Term Care Provider Fund

Illinois·Topic HUMAN NEEDS·Ch. 305 PUBLIC AID·Act 305 ILCS 5/ Illinois Public Aid Code.·Art. Article V-B - Long-Term Care Provider Funding
(a)There is created in the State Treasury the Long-Term Care Provider Fund. Interest earned by the Fund shall be credited to the Fund. The Fund shall not be used to replace any moneys appropriated to the Medicaid program by the General Assembly.
(b)The Fund is created for the purpose of receiving and disbursing moneys in accordance with this Article. Disbursements from the Fund shall be made only as follows:
(1)For payments to nursing facilities, including county nursing facilities but excluding State-operated facilities, under Title XIX of the Social Security Act and Article V of this Code. (1.5) For payments to managed care organizations as defined in Section 5-30.1 of this Code.
(2)For the reimbursement of moneys collected by the Illinois Department through error or mistake.
(3)For

Free access — add to your briefcase to read the full text and ask questions with AI

Illinois § 5B-8 (Long-Term Care Provider Fund) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

(Source: P.A. 102-1035, eff. 5-31-22.)

Nearby Sections

10
View on official source ↗