Connecticut Long Term Care Solutions Group
Connecticut Long Term Care Solutions Group
Connecticut Long Term Care Insurance Group
Connecticut Long Term Care Insurance Group

Connecticut Partnership for Long Term Care

In 1992, the State of Connecticut was the first state in the nation to implement a Partnership program. Today the program is known as the Connecticut Partnership for Long Term Care.

 

The Connecticut Partnership Program works in the same manner as the other state Partnership Programs, where the State of Connecticut partners with private Long Term Care Insurance companies to offer Partnership Policies that offer the Medicaid Asset Protection should a policy owner ever need to apply for the Connecticut's Medicaid Program for assistance. The Connecticut Partnership Policies will help a policyholder meet their LTC needs without having to deplete all of their assets to pay for care.

 

Currently, there are three Long Term Care Insurance carriers that have joined an alliance with Connecticut to offer Partnership policies. In order to be considered a Partnership Policy, these policies must include the following:

  • A minimum daily benefit of $265 effective January 2017
  • 3.5% and 5% Compound Inflation Protection for those under the age of 65
  • A broad array of home and community-based services
  • Option to shorter term coverage, as an option to decrease coverage as a way to lower premiums, to prevent the policy from lapsing
  • 5% discount on nursing home rate in CT

All members of the Connecticut Long Term Care Insurance Group are certified to offer the Connecticut Partnership for Long Term Care.

 

 

Connecticut Long Term Care Insurance Group

CONTACT US:

 

Phone: (203) 939-7765

 

info@Connecticutltc.com



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