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<classification authority="sudocs">GA 1.13:GAO-07-231</classification>
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 <reportNumber>GAO-07-231</reportNumber>
 <subject>Comparative analysis</subject>
 <subject>Financial analysis</subject>
 <subject>Health care programs</subject>
 <subject>Health policy</subject>
 <subject>Long-term care</subject>
 <subject>Long-term care insurance</subject>
 <subject>Medicaid</subject>
 <subject>Population statistics</subject>
 <subject>Program evaluation</subject>
 <subject>Surveys</subject>
 <subject>California</subject>
 <subject>Connecticut</subject>
 <subject>Indiana</subject>
 <subject>Long-Term Care Partnership Program</subject>
 <subject>New York</subject>
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<titleInfo>
 <title>Long-Term Care Insurance: Partnership Programs Include Benefits That Protect Policyholders and Are Unlikely to Result in Medicaid Savings</title>
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<abstract>Partnership programs allow individuals who purchase Partnership
long-term care insurance policies to exempt at least some of	 
their personal assets from Medicaid eligibility requirements. In 
response to a congressional request, GAO examined (1) the	 
benefits and premium requirements of Partnership policies as	 
compared with those of traditional long-term care insurance	 
policies; (2) the demographics of Partnership policyholders,	 
traditional long-term care insurance policyholders, and people	 
without long-term care insurance; and (3) whether the Partnership
programs are likely to result in savings for Medicaid. To examine
benefits, premiums, and demographics, GAO used 2002 through 2005 
data from the four states with Partnership programs--California, 
Connecticut, Indiana, and New York--and other data sources. To	 
assess the likely impact on Medicaid savings, GAO (1) used data  
from surveys of Partnership policyholders to estimate how they	 
would have financed their long-term care without the Partnership 
program, (2) constructed three scenarios illustrative of the	 
options for financing long-term care to compare how long it would
take for an individual to spend his or her assets on long-term	 
care and become eligible for Medicaid, and (3) estimated the	 
likelihood that Partnership policyholders would become eligible  
for Medicaid based on their wealth and insurance benefits.</abstract>
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<identifier type="preferred citation">GAO-07-231</identifier>
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 <searchTitle>GAO-07-231; Long-Term Care Insurance: Partnership Programs Include Benefits That Protect Policyholders and Are Unlikely to Result in Medicaid Savings;
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<subject>
 <topic>Comparative analysis</topic>
 <topic>Financial analysis</topic>
 <topic>Health care programs</topic>
 <topic>Health policy</topic>
 <topic>Long-term care</topic>
 <topic>Long-term care insurance</topic>
 <topic>Medicaid</topic>
 <topic>Population statistics</topic>
 <topic>Program evaluation</topic>
 <topic>Surveys</topic>
 <topic>California</topic>
 <topic>Connecticut</topic>
 <topic>Indiana</topic>
 <topic>Long-Term Care Partnership Program</topic>
 <topic>New York</topic>
</subject>
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  <title>United States Statutes at Large</title>
  <partNumber>Volume 110 Page 1936</partNumber>
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 <identifier type="Statute citation">110 Stat. 1936</identifier>
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  <title>United States Statutes at Large</title>
  <partNumber>Volume 120 Page 68</partNumber>
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 <identifier type="Statute citation">120 Stat. 68</identifier>
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 <titleInfo>
  <title>United States Public Law 171 (109th Congress)</title>
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 <identifier type="public law citation">Public Law 109-171</identifier>
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