What is the Oklahoma Long-Term Care Partnership program?

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What is the Oklahoma Long-Term Care Partnership program?

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The Oklahoma Long-Term Care Partnership program allows some asset protection if a partnership product is purchased and the individual later applies for SoonerCare (Oklahoma Medicaid). In a collaborative effort with the Oklahoma Insurance Department and private insurance companies, individuals will have an alternative to depleting or “spending down” their assets should they still need long-term care beyond the benefit period covered by their approved partnership policy.

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