Partnership policies are tax qualified so a person who owns one can take advantage of tax incentives for long term care insurance. LTCI premiums are considered as medical expenses and medical expenses exceeding 7.5% of the adjusted income are tax deductible up to a certain limit. What follows is the 2012 Federal Tax Deductible Limit for qualified policy owners.



Below is a table showing the average costs of care in different areas of Utah. As you can see, long term care services, regardless of where you receive them, cost a lot more than what most of us can afford.



If you are thinking of buying a long term care insurance policy, visit the website www.completelongtermcare.com and get a free, no-obligation long term care quote.