Here we show the same chart as was on previous pages with the addition of the Partnership information.

One of the numerous benefits of a partnership policy is that it allows you to keep an equal amount of money as you had in long term care insurance benefits and still qualify for Medicaid rather than having to spend-down your savings to meet Medicaid requirements (which now is $2,000).

For example if your long term care insurance benefits totalled $250,000 and you exausted the benefits, like everyone else you can keep $2000 in cash, plus because you had a Partnership policy you can keep an additional $250,000 and qualify for Medicaid benefits. Wouldn't your lifestyle be better with $252,000 than $2,000?

In some states your policy is automatically a Partnership policy if it meets the state requirements. Contact us for more information.

The requirements that the consumer has to meet for Partnership is the policy has to include Compound Inflation Protection Benefit Increase if you under 60 years of age, those 61-75 can choose between Compound and Simple Inflation Protection and those over 75 can choose Compound, Simple, or no inflation protection.

Watch the Partnership Video (by the Calif Dept of Health Services)

STATES WITH PARTNERSHIP

NOTE: The original Partnership states of California, New York, Indiana, and Connecticut have different requirements to qualify for Partnership. Email or call us if you want information on these states Partnership requirements.