Our specialty is Long Term Care Insurance and Medicare Supplements. Long Term Care Insurance and Medicare supplements are what we are passionate about and we know the options available to help find the solutions that will be best for you and your family. We found out that the search term “What is Long Term Care Insurance” has over 1000 searches on Google every month. This tells us that a lot of people do not understand what Long Term Care Insurance is, and since we think LTC Insurance is so important we wanted to make sure you know what it is - and what it is not.
Long Term Care Insurance (LTCI) helps provide for the cost of long term care for a predetermined time and covers care not typically covered by health insurance, Medicaid or Medicare. Policies differ, but LTCI can cover services like home care, adult day care, assisted living, hospice care, Alzheimer’s facilities and respite care.
Many people want to make sure they protect their families from financial ruin if long term care is needed. LTCI can help cover out of pocket expenses and give peace of mind to the family and the insured. Long term care insurance also provides options for care that you may not have been able to consider if you were funding your care with only your savings account.
What Long Term Care Insurance Is Not
Long Term Care Insurance is not health insurance. LTCI works with your health insurance to make sure you have options and reduced out of pocket expenses for services your health insurance will not cover.
Long Term Care Insurance is traditionally purchased and used when we are older, but it is not restricted to those of a certain age. In fact, about 40% of those receiving LTCI benefits are between 18 and 64.
There are Long Term Care Insurance options for every budget and even a small plan can go a long way. If you would like more information or have questions call us or contact us online so we can help you determine the right solution for you. We’re here to help.