The Deficit Reduction Act of 2005 created huge change for how individuals can now qualify for state Medicaid (Medi-Cal in California) programs.    Idaho is the first state since the passing of the Deficit Reduction Act of 2005 to impliment a Partnership Program to help residents protect their assets from being spent down to qualify for their state's Medicaid program. 

The Partnership Program emphasizes that private long term care insurance is an important planning tool by including the product in a nationwise long term care strategy.  A part of that strategy is to provide dollar-for-dollar asset protection for Medicaid eligibility as an incentive for consumers to purchase private long term care insurance.  A long term care insurance plan that is Partnership-qualified allows the insured to retain more assets than would normally be allwed under their state's Medicaid program.  For every dollar of benefit the insured receives for covered care under this policy, he or she receives a dollar of asset protection.

For more information, contact your insurance agent or Long-Term Care Insurance of America at 208-284-2148 or 888-582-2733.  You may also e-mail info@LTCIofAmerica.com or visit www.LTCIofamerica.com. 

Request your FREE long term care and asset protection analysis today before your health changes.