The State of Alaska is not yet participating in the federal/state partnership program. Alaska has made initial steps for a Long-Term Care Partnership Program but the program is not yet active.
No state tax incentives exist at this time. Federal tax incentives do apply.
Alaska Long-Term Care Medicaid spend down is $2000. A spouse’s minimum asset allowance is $123,600.
A variety of products are approved in Alaska for Long-Term Care Insurance planning.
|Home Health Aide||Average Monthly Rate||$5,291|
|Homemaker Services||Average Monthly Rate||$4,957|
|Adult Day Care||Average Monthly Rate||$3,642|
|Assisted Living||Average Monthly Cost||$6,000|
|Skilled Nursing Home||Semi-Private Monthly||$24,333|
|Skilled Nursing Home||Private Average Monthly||$24,333|