Wyoming Requires Insurance Producers to Receive Long Term Care Partnership Training

To All,

Wyoming has joined about 33 other states in enacting legislation to authorize the sale of Long Term Care insurance policies known as Partnership plans. The Medicaid program in Wyoming (EqualityCare) is now making available the ability of insurers to offer these unique and special policies that offer asset protection/disregard for EqualityCare qualification purposes and for asset recovery purposes.

In order to market these special policies in Wyoming, all agents and brokers must have completed the required intitial training and ongoing training. The initial training must be completed by July 1, 2010. To view the training requirement memo issued by the Wyominig Department of Insurance, go here. For a consumer handout for individuals considering purchasing these special policy forms, go here.

I have developed an 8 hour initial Long Term Care Insurance Partnership training course as well as the 4 hour ongoing training course and plan to make these courses available to producers in Wyoming. For more information or to have me offer a live course to health insurance producers in Wyoming, contact me to discuss.

Best,

Jerry Furniss
The Licensing Guy