long term care insurance

Though typical health insurance and Medicare provide some long-term care coverage, many of the costs are left for the beneficiary to cover.
AARP reports that approximately half of all Americans aged 65 and up will need some form of long-term care in their lifetimes. Though typical health insurance and Medicare provide some long-term care coverage, many of the costs are left for the beneficiary to cover. Long-term care insurance helps protect an […]

What is Long-Term Care Coverage

 in Health / life / Medicare  tagged do I need long term care insurance / long term care insurance / what does long term care insurance cover / what is long term care insurance / what is the difference between long term care and disability insurance / who needs long term care coverage by
Medicaid Spend down
How Medicaid Spend-Down Works Many people mistakenly believe that they can count on Medicare to pay for long-term care services, such as in-home care or an assisted living residence. However, this is not the case. Medicare pays for doctors, hospitals, drugs, and short-term rehab after hospitalization. It does not pay […]

How Medicaid Spend-Down Works

 in Medicare  tagged asset spend-down / countable assets / income spend-down / long term care insurance / long-term care / medicaid benefits / medicaid spend down / medicare hospitalization / non-countable assets by
Long Term Care
Long-Term Care Probability Think you won’t need long-term care? Think again. According to the U.S. Department of Health and Human Services, Long-Term Care (LTC) is something the majority of us will need. Approximately 70% of people over 65 will require chronic care later in life, and 20% of those individuals […]

Long-Term Care Probability

 in Medicare  tagged A true life story / activities of daily living / department of health and human services / disability insurance / Life Insurance / lifehappens.org / long term care insurance / maximum daily benefit / Medicaid long term care / payout limit / shared-care rider by