Ohio long-term care insurance companies can now offer policies that qualify under the state`s Long-term care Partnership Insurance Program. Partnership insurance offers a way for people to buy long-term care insurance, receive policy benefits and protect a matching amount of assets if they need to apply for Medicaid. With any insurance policy, it is important for the consumer to choose the type of coverage that fits their needs. Only you can decide if Long-term Care insurance is right for you. Your decision should depend on personal health and wealth matters. (Source: Ohio Department of Insurance)
The Ohio Department of Insurance`s Long-term Care Partnership Web site provides more information about the partnership program, as well as fact sheets and other resources, frequently asked questions about long-term care and help in finding an agent.