South Carolina Long-Term Care Partnership Program

Under the South Carolina Long-Term Care Partnership Program, individuals who purchase long-term care insurance policies (“Partnership Policies”) that meet certain requirements specified by the Deficit Reduction Act (DRA) can apply for Medicaid under special rules for determining financial eligibility and estate recoveries. These special rules generally allow the individual to protect assets equal to the insurance benefits received from a Partnership Policy so that such assets will not be taken into account in determining financial eligibility for Medicaid and will not subsequently be subject to Medicaid liens and recoveries.