This article explains why. Recently, the Partnership Program has undergone a myriad of changes that increase its flexibility tremendously. Partnership policies can now satisfy most any need that LTCI policies can cover. Furthermore, regulations now allow Partnership policies to keep pace with future innovation in the LTCI industry. Homemaker Services can now be reimbursed even if no other services are needed.
Partnership policies no longer have to be identical to each other.
Innovative features can now be included in Partnership products. Nearly any provision in a non-Partnership policy can now exist in a Partnership policy. Features such as Home Modification, Bed Reservation, Care-giver Training, Medical Alert Systems and Therapeutic Equipment may become common. Companies can now make the same riders available for Partnership and non-Partnership products. The differences between Partnership and non-Partnership policies have been greatly reduced.