|
 |
 |
Home : Producers/agents : Long-Term Care Partnership Program
|
Long-Term Care Partnership Program
AGENTS: CONTACT YOUR COMPANY FOR LTC PARTNERSHIP TRAINING REQUIREMENTS AND VERIFY AVAILABILITY OF LTC PARTNERSHIP POLICIES.
The Long-Term Care Partnership Program offers Medicaid asset protection to consumers who buy long-term care insurance policies that satisfy requirements specified by the Deficit Reduction Act of 2005. By purchasing such a policy, a policyholder can shelter assets equal to the amount of benefits paid under that long term care insurance policy.
Only long-term care insurance policies issued after Jan. 1, 2007, the effective date of North Dakota's Medicaid Plan Amendment, could be eligible for the North Dakota Partnership Program.
More information about the Long-Term Care Partnership Program may be obtained by contacting the North Dakota Department of Human Services.
North Dakota Insurance Department insurance@nd.gov State Capitol, fifth floor 600 E. Boulevard Ave. Bismarck, ND 58505-0320 701.328.2440 701.328.4880 fax
Click here for a list of approved long-term care plans.

|
|
|