LifeSecure Insurance Company
Long Term Care Partnership
53200 Grand River Ave, MC-L808, New Hudson, MI, 48165
(866) 582-7702
phs@yourlifesecure.com
https://www.yourlifesecure.com/individuals/Product-Long-Term-Care
Service Details
Description
The Long Term Care Partnership program certifies federally tax-qualified long-term care insurance policies from insurance companies that meet Partnership rules.
People who use the benefits from a Partnership-certified policy are able to protect some assets if they later need to apply for Medical Assistance (Medicaid). This can help them qualify for Medical Assistance sooner. The state will disregard their assets equal to amounts paid out under the certified Partnership policy.
In most cases, the policy must have been issued after July 1, 2006 to qualify as a Partnership policy.
Features
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Area Served by County
- Aitkin County
- Anoka County
- Becker County
- Beltrami County
- Benton County
- Big Stone County
- Blue Earth County
- Brown County
- Carlton County
- Carver County
- Cass County
- Chippewa County
- Chisago County
- Clay County
- Clearwater County
- Cook County
- Cottonwood County
- Crow Wing County
- Dakota County
- Dodge County
- Douglas County
- Faribault County
- Fillmore County
- Freeborn County
- Goodhue County
- Grant County
- Hennepin County
- Houston County
- Hubbard County
- Isanti County
- Itasca County
- Jackson County
- Kanabec County
- Kandiyohi County
- Kittson County
- Koochiching County
- Lac qui Parle County
- Lake County
- Lake of the Woods County
- Le Sueur County
- Lincoln County
- Lyon County
- Mahnomen County
- Marshall County
- Martin County
- McLeod County
- Meeker County
- Mille Lacs County
- Morrison County
- Mower County
- Murray County
- Nicollet County
- Nobles County
- Norman County
- Olmsted County
- Otter Tail County
- Pennington County
- Pine County
- Pipestone County
- Polk County
- Pope County
- Ramsey County
- Red Lake County
- Redwood County
- Renville County
- Rice County
- Rock County
- Roseau County
- Scott County
- Sherburne County
- Sibley County
- St. Louis County
- Statewide
- Stearns County
- Steele County
- Stevens County
- Swift County
- Todd County
- Traverse County
- Wabasha County
- Wadena County
- Waseca County
- Washington County
- Watonwan County
- Wilkin County
- Winona County
- Wright County
- Yellow Medicine County
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Specialization
- Older adults
Eligibility
Health screening is done prior to the sale of a policy. This could result in a company refusing to insure an applicant.
Application Instructions
Must complete an insurance application.
Fees
Premiums vary according to company and benefits.
Area Served
Nationwide
Websites
Phone Numbers
Type | Number | Hours |
---|---|---|
Main | (866) 582-7702 |
Last Update
6/13/2024
Other Locations
This provider does not offer this service at other locations.
Other Services or resources
This provider does not offer other services or resources at this location.
Taxonomy Terms Used: Clicking a taxonomy term from the list below launches a new search.
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LH-3000.4500-600Partnership Qualified Long Term Care Insurance Definition
Private insurance companies that issue long term care insurance policies which meet the requirements outlined in the Deficit Reduction Act of 2005 in states approved for implementation of the Long Term Care Partnership program. The Partnership program allows individuals to protect some or all of their assets and still qualify for Medicaid if their long term care needs extend beyond their lifetime maximum, and they meet the state's income and functional eligibility rules. Specific Partnership requirements vary from state to state, but it is anticipated that most states will develop reciprocity once federal guidelines are established.
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LH-3500.4500Long Term Care Insurance Information/Counseling Definition
Programs that offer information and guidance for people who need assistance in determining whether they need long term care insurance, comparing and evaluating benefit plans and selecting a policy that will meet their needs or choosing an alternative to long term care insurance that is more beneficial given their situation.