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Benefits of Long Term Care Partnership Programs. Participating in a LTC Partnership Program offers asset protection (protection of savings from the asset limit and protection from Estate Recovery of the home) to Medicaid applicants. To be clear, this program protects assets, not a Medicaid applicant's income.
Training Requirements Non-Partnership Policies - 8 hours of General LTC Continuing Education (CE) Training for each first 4 years licensed with 8 hours every 2 years thereafter. California Partnership Policies - 8 hours of General LTC Continuing Education every 2-year license term.
Partnership for Long-Term Care Programs can be thought of as a Medicaid asset protection technique for healthy seniors who do not have an immediate need for long-term care. Medicaid applicants who participate in Partnership Programs can retain assets above and beyond the limit set forth by Medicaid.
The California Partnership for Long-Term Care is an innovative program of the State of California, Department of Health Care Services in cooperation with a select number of private insurance companies.
Partnership policies also include a unique state-guaranteed asset protection feature that protects you against impoverishment due to the costs of long-term careCare given to someone who can no longer perform activities of daily living., even if you use up all the benefits of your policy.