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What is the
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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