A NYS Partnership policy differs from regular LTC insurance in several ways. The main difference is ________?
A. With a partnership policy you buy a limited amount of coverage but receive a lifetime of protection because of the Medicaid Extended Coverage provision, while part or all of your assets escape Medicaid’s spend-down requirement. In short, it’s a way to preserve all or part of your assets for your heirs if you should need long-term custodial care.
