NY, CA, IN, CT Partnership Minimum 2016

New York Partnership Plus

To qualify for Partnership in New York, policies must meet the following minimum requirements:

2015
● $284 daily
● $8,804 monthly
2016
● $294 daily
● $9,114 monthly

*Monthly benefit amounts shown refer to the Monthly Home Care Maximum Rider and are only available for New York Partnership Plus. Non-partnership policies are still limited to $9,000 per month or less.



Indiana Partnership

The daily and monthly Partnership minimums for policies issued in Indiana will not change in 2016. These minimums will continue to be:
 $115 daily
 $3,500 monthly

The minimum total coverage amount for Total Asset Protection will change to $336,927. Please see the example below to calculate the total coverage amount. Choose a daily benefit amount above the minimum (currently $115 per day) and a Benefit Multiplier that result in a total coverage amount of $336,927 or more.

Example: $150 daily benefit amount x 2,250 Daily Benefit Multiplier = $337,500

Policies that do not meet the criteria for Total Asset Protection will receive dollar-for-dollar asset protection. Total Asset Protection also requires the purchase of 5% compound inflation protection.



California Partnership

To qualify for Partnership in California, policies must meet the following minimum requirements:

2015
•   $180 daily
•   $5,580 monthly
2016
● $190 daily
● $5,890 monthly

California requires 5% compound inflation protection for under age 70. California Partnership does not include reciprocity with other Partnership states at this time.



Connecticut Partnership

To qualify for Partnership in Connecticut, policies must meet the following minimum requirements:

2015
● $247 daily
● $7,513 monthly
2016
● $256 daily
● $7,787 monthly

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About Partnership for Long Term Care

Promoting the idea of preventing long term care from financially devastating families by insuring for long term care with state Partnership qualified policies.
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