The health insurance industry is asking Congress in the strongest terms to include a provision in budget reconciliation legislation that would allow nationwide use of so-called long term care partnerships under the Medicaid program.
In a Nov. 30 letter to the House, America’s Health Insurance Plans is asking conferees on the budget proposal to consider expanding existing language in differing House-Senate bills grandfathering existing long term care insurance policies.
Adding such language, AHIP says in the letter to House conferees, would “ensure a seamless transition for current policyholders.”
In addition, AHIP writes, “we encourage you to consider establishing reciprocity among states so that seniors may choose to retire when they care to without fear of losing the benefit of their long term care partnership policy.”
The LTC partnership program allows consumers who purchase LTC insurance policies to fully use their benefits before qualifying for Medicaid, and also allows them to protect their assets.
The provisions are included in both the House and Senate versions of budget reconciliation legislation. Conferees are scheduled to start work on reconciling different versions of the program when the House returns to work Dec. 5.
The Senate is not due back until the week of Dec. 12.
AHIP’s letter was written to Rep. Joe Barton, R-Texas, chairman of the House Energy and Commerce Committee, and conference chairman.