Iowa law can be used to guarantee the protection of Iowa assets from Medicaid asset depletion for Long-Term Care.  The Iowa Legislature passed Chapter 249G, IAC 191-72 in 1993.

 It  This Iowa law allows for the sale of a compliant long term care insurance policy in Iowa to protect an Iowan’s assets dollar for dollar, should Medicaid be necessary to pay for health care costs.

   Penn Treaty Network America Insurance Company is a company that has a policy that complies with this Iowa law.  The Iowa Partnership Law is very unique. What is paid in benefits is protected from asset spend down to qualify for Medicaid, and from the Federal mandated Estate Recovery.  Many Iowans are afraid of losing all just for an average stay in a nursing home or for care at home.  Some have used asset transfers and trusts to protect their estate.

   Benefits Paid to you, or a provider of Long Term Care services on your behalf, only under an approved law compliant LTC policy counts toward Medicaid asset protection for purposes of Medicaid eligibility in Iowa.

   To qualify for Asset Protection under the Iowa Preservation Program, you must be a resident of Iowa and apply to Iowa's Medicaid Program in order for Medicaid asset protection to be recognized.  You can receive benefits in any state and your Policy will pay benefits in any state. However, you must be living in Iowa to utilize the Medicaid asset protection you have earned.

IOWA MEDICAID ASSET PROTECTION - PTNA LTC COMPLIANT PLAN - SHIPP*  DOCUMENTS IN **PDF FILE FORMAT

• Iowa *SHIIP Iowa LTC Partnership Details

• Iowa *SHIIP Press Release - Iowa LTC Partnership 

• Iowa *SHIIP Important Notice Before You Buy Health Insurance

• LTC Average Cost USA States 1996

• LTC Average Cost USA 2002

• LTC IRS Letter

• PTNA Brochure: Iowa LTC Partnership Plan IAPART-PF2600-LTINF

• PTNA Outline of Coverage-Policy Form Series-Iowa LTC Partnership Plan IAPART-PF2600-LTINF

• PTNA Notice of Privacy Policy and Information Practices

• PTNA Additional Information about Our Insurance Information Practices

• PTNA Things You Should Know Before You Buy Long Tern Care Insurance

• PTNA Important Notice To Persons On Medicare

• PTNA Notice To Applicant Regarding Replacement of Long Term Care Insurance

• PTNA Long Term Care Comparison Form

• PTNA Acknowledgement Of Non-Duplication For Applicants 65 And Older

• PTNA LTC Personal Worksheet for use with Comprehensive Policies, Rate History & Disclosure

• PTNA LTC Insurance Potential Rate Increase Disclosure Form

• PTNA HIPAA Form

• PTNA LTC Iowa LTC Partnership Insurance Application

• PTNA Check-O-Matic Request

• PTNA Suitability Waiver

*SHIPP is the  Senior Health Insurance Information Program created in 1990 by the Iowa Insurance Division

       Janice C. Hulsing: Iowa PTNA LTC Partnership Plan Certified Agent

To Prevent State Claim of Assets for Long Term Care Expense, Protect Personal Wealth, Protect Retirement Income, Allow Assets to Probate and Allow Spousal Continuation of Living Environment, CALL: (712) 792-1773.

For more information about the Iowa Long Term Partnership Law and plan quotation please phone or mail to above or E-mail.