A consumer educational website focused on the New York Long Term Care Insurance Partnership program has been launched by the American Association for Long-Term Care Insurance (AALTCI).
According to Jesse Slome, executive director of AALTCI, the Partnership programs provide some very unique asset protection benefits designed to encourage more middle income individuals to undertake long term care planning.
New York State was one of the four original states to offer the special Long Term Care Partnership program, Slome explains. Connecticut, California and Indiana were the other three original states.
“The Partnership program was originally made possible by grants from the Robert Woods Johnson Foundation with the specific goal of making affordable long term care insurance protection available and attractive to as many individuals as possible,” Slome adds.
New York residents are eligible for the program that can only be offered by approved insurers and licensed professionals who take part in special training. The Association will be working closely with designated professionals to help consumers seeking information as well as cost proposals for this important protection.
The web address for the new website is http://www.newyorkpartnershiponly.com/ and provides the latest information on the program.
Established in 1998, the American Association for Long Term Care Insurance is the national organization created to educate consumers about the importance of long term care planning and to support insurance professionals who market these products.
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