December 1973 Eligibility Requirements Manual

1030.055.10 How to Determine if the Policy is a Qualified Long-Term Care Partnership Policy

The Missouri Department of Insurance, Financial Institutions, and Professional Registration (DIFP) must certify that a policy qualifies as a long-term care partnership policy in order for the Family Support Division (FSD) to apply the disregard of assets during the eligibility determination. All qualified long-term care partnership policies in the State of Missouri will include a Long-Term Care Insurance Partnership Delivery Notice  and/or Long-Term Care Insurance Partnership Disclosure Notice  as part of the policy. Use these forms to verify that the long-term care policy is a qualified long term-care partnership policy.

Prior to the Deficit Reduction Act (DRA) of 2005, only four states were authorized to sell long-term care partnership policies that disregard assets during eligibility determination and estate recovery: California, Connecticut, Indiana, and New York. Iowa was authorized to implement a long-term care partnership, but chose not to implement one at that time.

Contact John Howser at the Missouri Department of Insurance, Financial Institutions, and Professional Registration at 573-751-3365 or john.howser@insurance.mo.govfor verification that out-of-state policies or policies that do not include the above documents qualify for the asset disregard.