What Is Partnership Long Term Care Insurance? 
Partnership Long Term Care Insurance is a type of policy that allows for protection of assets from a Medicaid spend down . Partnership LTC started in 4 Northeastern states and has since become legal in all 50 states . There are some advantages and disadvantages to Partnership LTC . The most obvious advantage is being able to hang onto some of your assets that normally might have to be depleted in order to pay nursing home costs . 