About 1,044 of the 40,833 consumers in the Connecticut Partnership for Long-Term Care program, or 2.6% of the total, received long-term care (LTC) services in the second quarter of the year, according to American Association for Long-Term Care Insurance (AALTCI).
AALTCI — an organization based in Westlake Village, California — released those figures in analysis of an early release of CT Partnership program second-quarter claims data.
Two years ago, the number of active CT Partnership program participant claims amounted to about 2% of the total number of active program participants.
What Is a Partnership Program?
A state LTC partnership program encourages the state’s residents to buy private long-term care insurance (LTCI), by easing eligibility requirements for Medicaid nursing home benefits for partnership program participants who run out of private LTCI benefits.
In Connecticut, the insurers offering CT Partnership program in 2017 were Bankers Life and Casualty, Genworth Life, MassMutual and Transamerica Life, according to a program annual report posted in January 2018.
In Connecticut, the average at the time of a partnership program policy purchase has been 66, according to the AALTCI analysis.
The average age at claim has been about 79.