Expands the definition of partnership policy for the Minnesota partnership for long-term care program.

The bill amends Minnesota Statutes to expand the definition of "partnership policy" for the Minnesota partnership for long-term care program. It includes long-term care insurance policies sold before July 1, 2015, with inflation protection between one and three percent. This change is effective January 1, 2027, or upon federal approval, whichever is later.

Expands the definition of partnership policy for the Minnesota partnership for long-term care program.

The bill amends Minnesota Statutes to expand the definition of "partnership policy" for the Minnesota partnership for long-term care program. It includes long-term care insurance policies sold before July 1, 2015, with inflation protection between one and three percent. This change is effective January 1, 2027, or upon federal approval, whichever is later.