Shopping for Long Term Care Insurance

Long-term care is a vastly misunderstood part of the health-care world. Many people assume that Medicare provides long term care coverage for people who are 65 and older or disabled, but those benefits are limited, mainly to brief rehabilitation stays in nursing facilities.

Long-term care insurance (LTC or LTCI), an insurance product sold in the United States, United Kingdom and Canada, helps provide for the cost of long-term care beyond a predetermined period. Long-term care insurance covers care generally not covered by health insurance, Medicare, or Medicaid. Private long-term care (LTC) insurance is growing in popularity in the United States. Premiums, however, have risen dramatically in recent years even for existing policy holders. Coverage costs can be expensive, especially when consumers wait until retirement age to purchase LTC coverage.

This seminar is not designed to see you insurance. It is strictly for educational purposes.

Topics in this session will include:

  • What is long term care insurance and how can it help?
  • What services are covered?
  • What is the cost of the insurance?
  • How long is the benefit in effect?
  • Does the policy have any special requirements?
  • How can I decide if it is right for me?

Review all of our eldercare seminars.