Long Term Care Insurance Partnership Plans
How State Long Term Care Insurance Partnership Plans Can Save You Money
How much does it cost?
There is no additional cost for Long Term Care Partnership Benefits. The states require you purchase inflation protection, but that is already part of any good Long Term Care plan already. In California, you are required to purchase $180/day benefit minimum – virtually all other states (except NY/CT/IN/Mass) have no such requirement.
How do I qualify?
Your policy must be a state approved Partnership plan (ask your LTC Tree agent for details) and depending on your age must have either compound or simple inflation protection. This is[…]