Riders: Shared Benefits and Survivorship
When looking at long term care insurance plans, you can choose to add riders to your plan in order to have additional benefits that are not covered under a normal...
Riders: Return of Premium and Waiver of Premium
Return of Premium is a rider that can be added to your insurance plan for peace of mind. If the insured passes away having never filed a claim, the premiums...
Riders: Shared Benefits and Survivorship
When looking at long term care insurance plans, you can choose to add riders to your plan in order to have additional benefits that are not covered under a normal...
Caregiver Training
Your long term insurance plan will usually pay for caregiver training if you are planning on having a family member or friend being a primary caregiver. They will need to...
Long Term Care Benefits
Home Care and Community Care Benefits Services provided by home health agencies are referred to as Home Care and Community Care Benefits. This can include a Registered Nurse, Licensed Practical...
Care Coordination Benefits
Registered Nurses and Licensed Social Workers have experience in coordinating care for seniors, including home health care. Because they are local, they are able to better help families find the...
Health Care Inflation Protection
Healthcare costs are not immune to inflation. On average, the cost of health care can rise annually anywhere from 4% to 7%. It is important when purchasing long term care...
The Benefit Period for Long-Term Care Insurance
The benefit period for your policy will vary for anywhere between 2 years and unlimited lifetime coverage depending on the level of plan you purchase. The benefit period means the...
Comprehensive Plans vs. Facility Only Plans
Comprehensive plans are designed to allow people to stay home longer and assist in the transitions to other levels of care as needed. These plans will cover your long term...
Qualifying to Use the Benefits of a Long Term Care Insurance Plan
In order to use your long term care insurance, a licensed healthcare practitioner will need to qualify that the insured needs help or substantial assistance with at least 2 out...
Long Term Care Insurance
Long term insurance costs depend on the options chosen by the applicant. The more options you choose, the higher the cost of your plan will be, but it will still...
Medicaid and Assets: Key Terms
Prenuptial Agreements: When it comes to Medicaid, a married couples assets combine to become marital property, regardless of any prenuptial agreement. In order to be eligible for Medicaid, a married...