NYS Partnership
New York State Partnership for Long Term Care is a partnership between the insured, the insurance company and New York State. This program combines long-term care insurance and Medicaid Extended Coverage.In general if you purchase and keep in force an approved New York State Partnership policy when you exhaust the benefits of your policy, you are eligible to apply for Medicaid without regard to the type or amount of assets you may have. There is no limit to the assets you may keep and still receive Medicaid. However, you are required to contribute your income toward the cost of your care in accordance with regular Medicaid rules.
Your Partnership policy may be used outside New York State but the special Medicaid eligibility is available only if you apply for it in New York as a resident of New York.
As part of our service to you we do provide New York State Partnership Plans through the following insurance companies.
- Genworth Financial
- John Hancock
- Mass Mutual
- MedAmerica
- Met Life
- Prudential
