National Partnerships


The National Partnership Program... Is a Joint Effort Between State Governments and Private Insurance Companies. Combines private long-term care insurance (LTCi) with Medicaid extended coverage to provide long-term care benefits.

Do All States Offer A National Partnership Program?

Not at this time... States are currently filing amendments to change their state laws!

  • Prior to February 8, 2006, when the Deficit Reduction Act of 2005 was signed into law allowing for the expansion of LTC partnership programs into new states, there were four original Partnership States (CA, CT, IN, NY). These states are not part of the National Partnership Expansion but they do continue to have their own LTC Partnership Programs. These states are expected to continue with their existing programs.

  • Many states have filed, received approval and have implemented their National Partnership programs.

    Does your State have an active program? Click here for a list of the approved Partnership states.

Why Was the National Partnership Program Developed?

  • To reduce the financial burden felt by state Medicaid programs for payment of LTC services.

  • Create an option for individuals to meet their future long-term care needs without depleting your countable assets.

How Will Having a Qualified Partnership Plan Benefit Me?

  • It will provide you with Medicaid Asset Protection! Medicaid Asset Protection is a way of protecting a portion of your assets that you would otherwise have to use or "spend down" in order to determine eligibility for Medicaid.

  • Enables you the policyholder to protect one dollar of personal assets for every dollar the policy pays out in benefits. Example: If you receive $250,000 of benefits from your long-term care policy, exhausting your plan; then find yourself in a position where you must file for Medicaid assistance, you would be allowed to protect $250,000 of your assets above & beyond the regular resource allowances under your state's Medicaid Program.

What Makes an LTC Policy National Partnership Qualified?*

  • The Insurance Carrier must have their product approved by the State as a Qualified Partnership Plan. Ask before purchasing... Is this LTC Product approved as a Qualified Partnership Plan?

  • Then... You Must Select the Appropriate Level of Inflation based on your age at the time of purchase:

    • Age 60 or younger: you must have automatic inflation with annual compounding

    • Age 61-75: you must have automatic inflation protection with either annual compounding or simple

    • Age 76 or older: no inflation requirement. You may have inflation but not required.

* The original four parnership states (California,Conneticut,Indiana and New York) have their own specific state guidelines. See you advisor for more information.


Disclaimer: Insurance products are offered through insurance companies with which we have sales arrangements. Not all products/features may be available in your state. Check with your Accountant or Tax professional on the tax issues associated with Long-Term Care insurance purchase and benefits. Associates of Clifton Park are not a part of Raymond James & Associates. Securities offered through Raymond James & Associates, Inc. Member FINRA/SIPC

Raymond James financial advisors may only conduct business with residents of states and/or jurisdictions for which they are properly registered. Therefore, a response to a request for information may be delayed. Please note that not all of the investments and services mentioned are available in every state. Investors outside of the United States are subject to securities and tax regulations within their applicable jurisdictions that are addressed on this site. Contact your local Raymond James office for information and availability.