--- title: "Nevada Long-Term Care Insurance | Funding LTC Marketplace" url: https://fundingltcmarketplace.com/states/nevada/long-term-care-insurance/ description: "Nevada's Division of Insurance regulates long-term care insurance and certifies Partnership policies. Confirm which insurers currently sell them." last_updated: 2026-10-20 author: George A. Mellendorf, CLTC, LTCP (Central States Insurance Services, Inc.) publisher: Funding LTC Marketplace note: Educational content; not legal, tax or financial advice. Markdown copy of the HTML page at the URL above. --- Nevada · LTC Insurance # Nevada Long-Term Care Insurance Last updated 2026-10-20 **Quick answer:** Long-term care insurance in Nevada is regulated by the Nevada Division of Insurance, and NAC Chapter 687B sets rules for long-term care and Partnership policies. A policy is a private contract, separate from Medicaid. Long-term-care insurance in Nevada falls under the oversight of the state's Division of Insurance, which publishes consumer-facing information describing it as one of several ways to pay for long-term care. On the regulatory side, Nevada Administrative Code Chapter 687B carves out a dedicated section for long-term-care contracts, including specific definitions and requirements that apply to Partnership policies and certificates. It's worth remembering that a long-term-care policy is a private contract — it isn't Medicaid, and it doesn't follow Medicaid's rules. The Division's own consumer materials flag several features that matter before anyone relies on a policy: there's typically an elimination period before benefits start, and the actual benefit triggers, the daily or monthly payout cap, whether there's an inflation-protection feature, nonforfeiture protections, exclusions, premium history, and whether in-home care is even covered are all things that live in the specific policy document, not in a general description. The smart approach is to compare what a policy actually promises against Nevada's Medicaid eligibility rules rather than assuming the two overlap. ## Does Nevada have a Long-Term Care Partnership program? **Yes.** Nevada takes part in the Long-Term Care Partnership program created by the federal Deficit Reduction Act of 2005 (DRA). DRA Partnership states follow consumer-protection standards drawn from the National Association of Insurance Commissioners (NAIC) Long-Term Care Insurance Model Act and Model Regulation. A Partnership-qualified policy gives you **dollar-for-dollar asset protection**: for every dollar the policy pays in benefits, Nevada Medicaid can disregard a dollar of your assets when it decides eligibility, and the same amount is protected from estate recovery after death. **How the protection works (illustrative):** if a Partnership policy pays $200,000 in benefits before you apply for Medicaid, Medicaid can disregard $200,000 of your assets on top of the state's regular asset limit, and that same amount is protected from Medicaid estate recovery later. ### What makes a policy Partnership-qualified - It's a **tax-qualified** long-term care policy under Internal Revenue Code § 7702B. - It meets the state's Partnership consumer-protection standards and is issued while you're a resident of a Partnership state (each state sets its own start date and residency rule). - It carries the required **inflation protection** for your age when you buy: compound annual protection if you're under 61, some level of protection from 61 through 75, and optional protection at 76 or older. ### If you move to another state Nevada appears on the New York State Partnership for Long-Term Care's reciprocity map as a Partnership state that honors reciprocity. In general, a Partnership policy bought in another reciprocal state keeps its dollar-for-dollar protection here, and a Nevada policy keeps it in other reciprocal states. **The original four:** California, Connecticut, Indiana and New York started their Partnership programs before the Deficit Reduction Act of 2005. Their programs were designed separately from the NAIC-based DRA model, so their rules differ (for example, some offered Total Asset protection), and California doesn't take part in reciprocity. If you bought a policy in one of these states, confirm how it's treated with the Medicaid agency where you'll apply. Not every insurer offers Partnership-qualified policies in every state. When you compare quotes, ask whether each policy is Partnership-qualified in Nevada. ## Sources and official resources - [Nevada Division of Insurance: Long-Term Care Insurance](https://doi.nv.gov/Consumers/Long-Term-Care-Insurance/) - [Nevada DWSS: General Medical Information](https://www.dss.nv.gov/programs/Medicaid/general-medical-information/) - [New York State Partnership for Long-Term Care: State Partnership Programs and Reciprocity map](https://nyspltc.health.ny.gov/reciprocitymap.htm) - [U.S. Code: 42 U.S.C. § 1396p (liens, estate recovery, transfers of assets, Partnership disregard)](https://www.law.cornell.edu/uscode/text/42/1396p) Rules and figures change. Confirm current details with the agency before you act. [← Back to the full Nevada guide](https://fundingltcmarketplace.com/states/nevada/)