State Long-Term Care Partnership Activity Across The Country

posted by Product Policy Department

on February 20, 2016

Consumers have the option of purchasing LTC insurance policies sold under a state LTC partnership program.  These state-based programs allow people who purchase an approved LTC insurance policy to apply for Medicaid under modified eligibility rules that include a special feature called an “asset disregard.”  This allows people with an approved LTC partnership policy to keep some of the assets that they otherwise would not be allowed to have in order to qualify for Medicaid.  The amount of assets Medicaid will disregard is equal to the amount of the benefits received under the LTC partnership-qualified policy.  States that have established these programs may be found in this map.