Long-Term Care and Retirement Security Act of 1999

[AI summary unavailable — showing source text] Long-Term Care and Retirement Security Act of 1999 - Amends the Internal Revenue Code to allow a deduction for premiums on qualified long-term care insurance contracts. Expands the child care credit and renames it the family care credit. Amends title XI of the Social Security Act to require annual social security account statements to include information concerning the limitation on Medicare and Medicaid long-term care benefits. Authorizes appropriations. Amends Medicaid (title XIX) provisions of the Social Security Act to expand State long-term care partnerships by exempting 75 percent of partnership assets from Medicaid estate recovery.…