March 14, 2014 – A new online resource dedicated to information on the Long Term Care Insurance Partnership Program was launched today by the American Association for Long-Term Care Insurance.
The Partnership is a joint federal-state policy initiative to promote the purchase of private long term care insurance. Available in the majority of states, the Partnership Program is intended to expand access to private long term care insurance policy to pay for long term care services. The program has grown since being introduced initially in four states, California, New York, Connecticut and Indiana.
“The Association has been receiving a number of inquiries by individuals frustrated that no single resource exists where current information regarding approved states is available,” declares Jesse Slome, director of the American Association for Long Term Care Insurance (AALTCI). ”The Association’s website seemed the perfect resource as thousands of individuals visit the site looking for information.”
An updated list of states is a prominent feature of the new webpage. “We show effective dates for all 50 states and the District of Columbia as well as which states offer policy reciprocity. In addition, a number of Frequently Asked Questions are addressed.
The American Association for Long Term Care Insurance is the national trade organization established to provide consumer information and connect interested consumers with professional long term care insurance specialists. “Some insurance products are commodity products but long term care insurance can be quite complex and working with a knowledgeable specialist is typically the best choice for a consumer,” Slome notes.
To learn more about the organization visit the Association’s website at www.aaltci.org or call 818-597-3227. For information on the Long Term Care Partnership program go to www.aaltci.org/partnership.
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