Partnership Consumer Cumulative Stats

Cumulative Program Statistics as of December 31, 2024

Quarterly Summary Report - Connecticut	Quarter 3 & 4 2024	Through 12/31/24
Applications Received:	0	73,019
Applications Denied:	0	9,895
Applications Pending & Withdrawn:	N/A	2,128
Policies Purchased:	38	60,984
Policies Dropped (voluntarily & for unknown reasons*)	392	20,745
* Includes drops reported as deaths, rescissions, exhausted benefits and other changes.
Policies Not Taken Up (dropped within 30 day free look period):	(8)	4,022
Total Policies In Force - includes reinstatements (active):	N/A	36,882
Policyholders Who Received Service Payments:	1,611	7,187

Policy Information
Applications & Purchases	Number of Applications Received	73,019
	Number of Policies Purchased	60,996
	Policies in Effect (Active)	36,882
	Number of Applications Pending (includes withdrawals)	2,128
	Policies Denied	9,895
The following statistics are based on information reported at time of purchase for active policies. Cumulative Partnership Activity by Quarter
Type of Policy Purchased	Nursing Home and Home Care	99%
	Nursing Home Only	1%

Policy Category	Individual	82%
	Group	18%

Purchaser Information
Age	Age Range	20 - 86
	Average Age of Purchasers	57
	Individual	57
	Group	55

Gender	Female	58%
	Male	42%

Coverage Purchased
First time purchasers	92%
First time purchasers who bought $300,000 or less of coverage	64%
Average total benefit	$269,060

Reasons for Purchase¹
To pay for future services	87%
To protect assets	83%
To protect spouse and family	84%

Factors Influencing Purchase² Percentages reflect purchasers who found factors very important or important.
Coverage for home & community care	96%
Medicaid asset protection	91%
More affordable premium	94%
State's special seal of approval	88%

Policyholder Benefit Eligibility & Utilization Counts
Number of policyholders, to date, who have qualified to receive benefits	7,187
Number of policyholders who received service payments this quarter (Lag time inherent to provider billing and service payment reporting can result in fewer claimants reported as having received service payments than are eligible for benefits.)	1,611
Number of policyholders who have accessed Connecticut's Medicaid	387*

Aggregate Information on Earned Medicaid Asset Protection
Total Medicaid Asset Protection earned by currently active policyholders	$391,309,427*
Total Medicaid Asset Protection earned by policyholders who have accessed Medicaid or have applications pending per official notice from CT's Medicaid Office	$105,950,935
Total Medicaid Asset Protection earned by persons who have voluntarily dropped their policies	$21,786,116
Total Medicaid Asset Protection earned to date by persons who have exhausted their policy benefits but have not applied to Medicaid or have had applications denied by Medicaid.	$130,300,896*
Total Medicaid Asset Protection earned to date that will not be accessed (policyholders who have died)	$395,174,379
Total Medicaid Asset Protection earned - to date	$1,045,270,074

Claim Profile (Aggregate)
Average age at time of purchase	65
Average age at time of claim	82
Average policy benefit purchased	$211,051**
Average policy benefit at time of claim	$481,277**

Consumer Assistance Activities To Date³
Calls requesting information	54,873
People attending presentations	60,954
Individuals that met with volunteers	9,845

* May include active policyholders receiving simultaneous Medicaid and insurance payments.
** Does not include claimants with lifetime (unlimited) coverage.

Source: Quarterly Reports supplied by the Insurance Companies and compiled by the Connecticut Partnership for Long-Term Care. Other sources are noted below. Percentages exclude missing cases.

¹Survey of Purchasers, (N=13,599). Note, there is up to a 6 month lag in receiving and processing the data.
²Ibid., (N=13,159). Fewer people responded to this specific topic because it was added to the survey at a later date.
³ Information obtained from the Partnership's Consumer Information Service, Department of Rehabilitation Services.

For more information contact:

OPM.CTPartnership@ct.gov
(860) 418-6318

State of Connecticut Office of Policy and Management