Recently, the state of Wyoming implemented the long term care partnership porgram that aims of encouraging residents to purchase LTC policies
. The program serves as reform in improving Medicaid's support for long term care and bolstering the health care for the elderly. This program is strictly implemented in all participating private insurance policies. Just like other partnership policies in some states, the Wyoming partnership policies provide benefits namely asset disregard, inflation protection, tax qualified and reciprocity agreement. The asset disregard is the most-sought benefit feature of partnership policies. This allows people to apply for Medicaid coverage without depleting theirs assets to meet the asset limit set forth by Medicaid.