Missouri Long-Term Care Insurance Partnership Program


Since April 2008 Missouri has offered Long-Term Care Insurance Partnership Policy's, this is a private-public venture between the state and LTC insurance companies. It is a way to encourage residents of Missouri to plan for their long-term care needs. Missouri 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 long-term care insurance 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, MO is an authorized LTC Partnership program state. Missouri LTC 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 MO 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.

For the consumers FAQ's and complete details of the MO LTC Partnership Program visit the Missouri Long-Term Care Partnership Program website.

Click here to request a Missouri Long-Term Care Partnership Quote!