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What
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The
Arkansas Long-Term Care Partnership is a program authorized by Congress and
the Arkansas Legislature to encourage and recognize the efforts of Arkansans
to prepare for the financial impact of the need for long-term care. Qualifying
for Medicaid normally requires a very low-level of personal assets,
often forcing seniors to spend down their hard-earned money to
qualify. With a Long-Term Care Partnership policy, you’ll get to keep more of what you’ve
worked to earn and save over your lifetime, if you meet other Medicaid
eligibility requirements including the income standards. In its calculation
of eligibility for Medicaid benefits, Medicaid will disregard or exclude
assets equal to the amount of benefits paid under a Long-Term Care
Partnership policy. |
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Click here to go to
the Arkansas Department of Human Services Long-Term Care Partnership Web
site. |
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