The Long-term Care Partnership Program offers Medicaid asset protection to consumers who buy long-term care insurance policies that satisfy requirements specified by the Deficit Reduction Act of 2005. By purchasing such a policy, a policyholder can shelter assets equal to the amount of benefits paid under that long-term care insurance policy.
Only long-term care insurance policies issued after Jan. 1, 2007, the effective date of North Dakota's Medicaid Plan Amendment, are eligible for the North Dakota Partnership Program.
Producers should contact their company for long-term care partnership training requirements and verify the availability of long-term care partnership policies.
More information about the Long-term Care Partnership Program may be obtained by contacting the North Dakota Department of Human Services.
Approved North Dakota Long-term Care Plans
Long-term Care Partnership Program Fact Sheet
Bulletin 2007-03 Insurance Producer Training - Policies Issued Under Qualified State Long-term Care Insurance Partnership ("Qualified Partnership")
Bulletin 2013-1 Insurance Producer Training - Policies Issued Under Qualified State Long-term Care Insurance Partnership ("Qualified Partnership")
North Dakota Department of Human Services Memo IM 5031 Long-term Care Partnership Program