Course Introduction
The Long-Term Care Partnership (LTCP) is a public-private program between the Medicaid program and LTC insurers regulated by the Department of Commerce, designed to encourage more people to purchase long-term care (LTC) insurance. Not all LTC insurance is qualified as LTCP. The LTCP enables people who buy certain qualified LTC insurance policies to keep more of their assets at the time they request MA payment of LTC services (MA-LTC). Minnesota is one of many states using this partnership to give people greater control over how they finance their long-term care and to help shore up the public safety net against coming demographic pressures.
In addition to providing you with the policies and processes associated with the LTCP, this course will also review MA policies regarding LTC insurance.
Remember!
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Introduction