Located in the Great Plains region of the central US, Oklahoma was the home to many Native American tribes after they moved West into Indian Territory. Now, the Sooner State has one of the fastest growing economies in the country, with a heavy focus on agriculture and natural energy resources. Oklahoma experiences severe weather, namely large thunderstorms and a disproportionate number of tornadoes. Oklahomans need to worry about something else besides the weather, though, as long term care makes its way to the forefront of issues across the nation.
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Oklahoma’s Long Term Care Insurance Partnership Program is a joint venture between the state and private insurers that incentivize residents of Oklahoma to purchase an insurance policy in exchange for Medicaid waiver vouchers. The program is intended to help the state avoid absorbing all the long term care costs and help Oklahomans protect their health and assets.