Long-Term Care: Programs, Policies, and Partnerships

This course provides a thorough orientation to long-term care and the many options available to address this need, including state partnership programs and partnership policies. Designed specifically for the licensed insurance professional to meet long-term care and partnership training requirements, the course details the facts and facets of long-term care: what it is, how it is provided, and how it can be funded. It explores the nature of long-term care, LTC services and providers, LTC insurance, partnership programs, and qualified partnership policies. It details federal and state programs, including Medicare and Medicaid, and explains the relationship between state LTC partnership programs and other private and public coverage of LTC services. The course also includes an in-depth discussion of the ethics and suitability standards associated with the sale of LTC insurance.

Topics covered include:

  • The Need for Long-Term Care
  • Long-term Care Services and Providers
  • Medicare and Medigap
  • Medicaid
  • Long-term Care Insurance
  • Long-term Care Insurance Policy Designs and Options
  • Long-Term Care Partnership Programs
  • Qualified Long-Term Care Partnership Policies
  • Alternatives to Long-Term Care Insurance
  • Ethical Considerations in the Sale of Long-Term Care Insurance

This is an intermediate level course. Upon completion, students will be able to:

  • describe the conditions that have led to the growing need for long-term care
  • describe the types of LTC providers and the services they offer
  • demonstrate an understanding of the options and limitations of Medicare and Medicaid for paying for long-term care
  • define other options for funding long-term care;
  • outline and define the purpose, function, and application of long-term care insurance
  • identify the provisions and features found in long-term care insurance policies
  • explain the fundamentals of LTC partnership programs and the requirements for policies that are sold with these programs
  • demonstrate an understanding of the ethics and suitability issues that surround the sale of LTC insurance