Louisiana Long-Term Care Partnership Program


The Louisiana Long-Term Care Partnership Program is a way for residents of LA to protect their assets if they ever need to apply for Medicaid. People who purchase qualifying long-term care insurance policies, after depleting their insurance benefits, may still qualify for Medicaid, provided they meet all other Medicaid eligibility criteria.

Louisiana Partnership program works in the same manner as most all other partnership programs, in that the program provides a dollar-for-dollar asset protection. Each dollar your partnership policy pays out in benefits entitles you to keep a dollar of your assets if you ever need to apply for Medicaid.

Under the federal Deficit Reduction Act of 2005, LA is an authorized LTC Partnership program state. LA Long-Term Care Partnership policies must be tax-qualified, contain certain consumer protection provisions and provide inflation protection.

The average costs of care on a daily basis in the state of Louisiana are listed below:

Homemaker Services
Home Health Aide
Adult Day Care
Assisted Living Facility
Nursing Home, Private Room
Nursing Home, Semi-Private Room

*This information came from the Genworth 2012 Cost of Care Survey.

To request a LA Long-Term Care Partnership Quote, click here.