Each year, the original Partnership states (CA, CT, IN and NY) revisit minimum benefit requirements to qualify for their Partnership programs. The following information outlines the changes for 2018. Please note that we do not have Indiana information listed as we do not have updates from them at this time. We will communicate that information as it becomes available.

California

The minimum benefit requirements for Partnership in California will change for 2018. The table below illustrates the changes.

Requirements	2017	2018
Minimum Daily Benefit	$210	$220
Minimum Monthly Benefit	$6,510	$6,820

 

Connecticut

To qualify for Partnership in Connecticut, policies must meet these minimum daily/monthly benefit requirements:

Requirements	2017	2018
Minimum Daily Benefit	$265	$274
Minimum Monthly Benefit	$8,061	$8,334

 

New York

The minimum daily benefit required in 2018 for New York Partnership Plus plans will be $315. Because this amount is higher than the current maximum daily benefit available, we will change the daily benefit amount for New York Partnership Plus plans to $315 to accommodate the partnership requirements. The maximum daily benefit amount for Privileged Choice® Flex 3 in New York will remain $300.

Requirements	2017	2018
Minimum Daily Benefit	$304	$315

 

Policy Issue

CA, CT, and NY Partnership minimum requirements are based on the date of application.

Transition Rules

We will continue to accept the current forms with applications received through February 15, 2018. After February 15, 2018, new forms will be required.

Quote Tools

Please note that our eSuite of new business tools, Quote It! and Quest will be updated on 1/15/18 to reflect the new Partnership minimum amounts. It is very important to be sure you use the new 2018 minimums when quoting premiums for Partnership policies that will be applied for on 1/1/18 or later.

If we receive a Partnership application with minimums that are less than those necessary to meet 2018 Partnership requirements, we will amend the application to reflect the 2018 requirements.

Important note:

• If you are using the offline (disconnected) version of Quote It!, you will need to download and install the latest version in order to receive the most recent update. The current version of the software will not automatically update to the latest version. To get the latest update, go to https://longtermcare.genworth.com/quoteit/pages/common/quoteItDownload.jsp and follow the instructions there (ignore the statement about automatic updating). There is no need to uninstall the current version before installing the new one.
• Prior to soliciting new business, verify your producer license is in good standing, you have completed all required CE, and you are in compliance with all applicable licensure requirements. Applications will be returned if all such requirements have not been met as of the date of the application. For up-to-date information on Genworth applications, education and training statuses to go https://pro.genworth.com.

2018 Partnership Minimum Benefit Requirements for CA, CT, IN and NY
 
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