Chapter 8: California Partnership for Long Term Care Review Questions Copy

Arthur purchased a California partnership long-term care insurance policy that provided a daily benefit of $200. If his daily long-term care expenses are $225, from what funding source are those expenses exceeding his policy benefit paid?

In addition to any assets that are otherwise exempt from the Medi-Cal spend-down and estate recovery requirements, what is the amount of the assets that are shielded from spend-down and estate recovery for a care-recipient under the California partnership long-term care program?

Shirley purchased a long-term care insurance policy under the California partnership for long-term care program while she was a California resident. She received $50,000 in long-term care insurance benefits while she lived outside California. When she returned to California she received an additional $200,000 in long-term care insurance benefits under the policy before the benefits were exhausted. If she applied for Medi-Cal to assist in the payment of her continued care, how much of her assets would avoid the Medi-Cal spend-down requirement under the partnership program?