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LTC Insurance Consultants is a nationwide consortium of long term care insurance brokers. As a long term care insurance broker, we provide all of the information on long term care insurance you need to select the long term care insurance policy that is right for you.
Long term health care becomes necessary when a person can no longer take care of themselves and perform tasks associated with daily life, including:
* Eating
* Bathing
* Dressing
* Using the bathroom
* Continence
Disabilities, chronic illnesses, injuries, and the natural effects of aging are the most common reasons people need long term care and, therefore, need long term insurance. Long term health care is most often provided in a person's home, a nursing home, an adult daycare facility, or an assisted living facility.
A long term care insurance company will provide a long term care policy for different types of long term health care:
* Acute care
* Chronic care
* Skilled care
* Non-skilled care
Acute care is provided in hospitals and emergency rooms, and is typically for treatable conditions from which you will fully recover. Conditions requiring acute care typically strike suddenly, such as a heart attack, stroke, or pneumonia.
Chronic care is generally provided in the home, assisted living facilities, and nursing homes. Chronic care usually refers to conditions that are not curable, but are treatable-such as diabetes, hypertension, arthritis, and Alzheimer's disease.
Skilled care is usually provided in nursing homes, but can also be received in the home. To be covered by Medicare, the facility (or home situation) must provide services that require the skills of professional or technical personnel such as registered nurses or physical therapists.
Non-skilled care is the type of long term health care for people who need regular assistance with the activities of daily life due to chronic, physical, or cognitive problems. Non-skilled care can be provided by family members.
* According to a study by the U.S. Department of Health and Human Services, approximately twelve million people over the age of 65 will need long term health care by the year 2022
* More than 6.3 million people who are 65 or older require long term health care, and one in two people over the age of 65 require long term health care
* At least half of the U.S. population over the age of 65 will require assistance associated with the activities of daily living, which includes eating, bathing, dressing, etc.
* In general, people between 18 and 84 who are in reasonably good health can buy home health care insurance from a long term care insurance provider
* About 85% of long term health care is provided either in a home or in a community, and only about 15% is provided in a nursing home
* 22 states allow a state tax credit or a deduction from state taxes for buying a long term care policy
* One year in a nursing home or assisted living facility can exceed $50,000-a stunning statistic that shows how nursing home insurance can make a huge financial difference
* More than 40% of the people who are receiving long term health care are under 65
Find out about long term care insurance providers by speaking with a long term care insurance specialist. As a long term care insurance broker and an expert on every type of home health care insurance, LTC Insurance Consultants is uniquely qualified to help make sense of the often confusing topic of long term insurance.
Long Term Care Insurance Broker in California |
