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Long-Term Care Partnerships Section 6021 of the DRA allows for Qualified State LTC Partnerships, which will permit States with approved State plan amendments (SPA) to exclude from estate recovery the amount of LTC benefits paid under a qualified LTC insurance policy. For States that elect this option, the State plan must provide that, in determining eligibility for Medicaid, an amount equal to the benefits paid under a qualified LTC policy is disregarded. The State must also allow, in the determination of the amount to be recovered from a beneficiary's estate, for the same amount to be disregarded. The National Clearinghouse for Long-Term Care website provides information comprehensive information about long-term care planning, services, and financial options. You can access the website below. See the information below for more information. A background paper on LTC Partnerships is provided under "Downloads." You can also access the State Medicaid Director's letter under "Related Links inside CMS." Also available is a press release with more information about the Long-Term Care Partnership.
Page Last Modified: 06/03/2008 2:58:38 PM
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