Module Objectives
The LTCP in Minnesota became effective July 1, 2006. The Partnership was designed to encourage people to purchase LTC insurance by allowing people with qualified LTC insurance policies to keep, or protect, assets in excess of the MA asset limit if they request MA-LTC. People with a qualified policy may protect the amount of assets equal to the amount of LTC services paid out by the policy.
When you have completed this module, you will be able to:
- Explain two benefits of protecting assets.
- List LTCP eligibility criteria.
- Explain how an LTC insurance policy is determined to be qualified.
The LTCP Basics (PDF) handout provides a summary of the information that will be discussed in this module. There is room on the handout for notes.
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LTCP Basics