Oregon Long-Term Care Insurance (*)

Oregon's Division of Financial Regulation (DFR), part of the Department of Consumer and Business Services, publishes the state's long-term-care insurance information and administers its Qualified Partnership Program. DFR maintains a current public list of companies offering partnership policies, which confirms the Oregon Partnership framework is still active rather than closed to new policies.

A qualifying partnership policy can help someone protect additional assets if they later need long-term care, exhaust their policy benefits, and then need Medicaid. DFR requires a policy to meet state and federal minimum-benefit standards, and age-based policies may need inflation protection — a consumer should confirm that a specific policy, and any later changes to it, still retains Partnership status.

Because benefits paid under a Partnership policy can reduce later estate-recovery exposure, this program interacts directly with the expanded recovery rules discussed elsewhere on this site, making it a meaningful piece of an Oregon funding strategy rather than a stand-alone product decision.