Establishes the New York long term care trust program to provide long term care benefits for eligible residents.

The bill establishes the New York long term care trust program to provide long term care benefits for eligible residents who have paid the required premium contributions and need assistance with at least two activities of daily living. The program will be administered by the department of health, which will determine eligibility. Benefits will be paid to registered long term care providers for approved services. The program includes a trust fund, an advisory panel, and a commission to ensure solvency and proper administration.

Establishes the New York long term care trust program to provide long term care benefits for eligible residents.

The bill establishes the New York long term care trust program to provide long term care benefits for eligible residents who have paid the required premium contributions and need assistance with at least two activities of daily living. The program will be administered by the department of health, which will determine eligibility. Benefits will be paid to registered long term care providers for approved services. The program includes a trust fund, an advisory panel, and a commission to ensure solvency and proper administration.