Partnership eligibility for Performance LTC (PLTC) policyholders in Virginia

After a recent review, the Virginia Insurance Department has changed the criteria for Partnership eligibility. As a result, Performance Long-Term Care policyholders with issue ages under age 61, and annual 3% Compound Inflation protection will now be eligible for Partnership under the Virginia Partnership for Long-Term Care Program, as long as the policyholder continues with the annual 3% increases.

We will be communicating to these policyholders next week, informing them of this change, and providing them with a Partnership Disclosure Notice to keep with their records.

Partnership eligibility for Performance LTC (PLTC) policyholders in Virginia
 

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