Long Term Care Insurance

Long Term Care Insurance is needed in the event that a person becomes physically disabled, terminally or chronically ill. Healthcare will pay for doctor bills, hospital bills and some prescriptions, but healthcare will not pay for nursing home care or in-home nursing care. That is where long term care insurance is a necessity.

Long term care insurance is a very costly investment, but in the long run may save you and your family money and assets. The price of long term care insurance varies depending on geographical location due to local and state regulations that each state imposes. The average daily cost of nursing home care I the United States is $285.00 per day. That is a phenomenal amount to have to come up with on your own. Long term care insurance will pay for nursing home care and part-time in home nursing care.

To purchase long term care insurance, there are a few different ways to go about it.

A person can choose to purchase it on his or her own. That ensures protection over their assets and savings. Finding an insurance agent that specializes in long term care insurance would be very beneficial when buying it on your own.

Medicare is a federal government program that will pay for skilled nursing home care for a short term. The theory there is that you will eventually recover from your illness, so Medicare will pay for that plan.

Medicaid is another federal government program. It pays for medical coverage for people who meet the low income guidelines. Medicaid will pay for one half of the nursing home care, however, a person has to qualify for Medicaid and have very limited assets.

Another source to go through for long term care insurance coverage is through your employer. Usually the premiums are lower due to a package plan. Also, the coverage can go with you if you decide to change jobs.

Timothy Gorman is a successful webmaster and publisher of Best-Free-Insurance-Quotes.com. He provides more insurance information and offers discount long term care insurance, life, auto and home insurance that you can research in your pajamas on his website.

In The News:


pen paper and inkwell


cat break through


Health Savings Accounts (HSA): Do They Vary From State to State?

The Health Savings Account (HSA) is an amazing tool that... Read More

Why Bother With Farmers Auto Insurance?

Farmers auto insurance is a very large insurance company that... Read More

Insurance Claim - Medical Insights And Expenses

There's nothing that has a greater impact on evaluating a... Read More

What Is Homeowners Insurance Coverage?

Before attempting to find the best homeowners insurance coverage you... Read More

Why Do You Need Homeowners Insurance?

The biggest single investment most people make in their lifetime... Read More

Consequences of Late Insurance Payments

Did you realize that it could cost you more than... Read More

Finding Term Life Insurance Online

What exactly is Term Life Insurance?Term life is a form... Read More

Tips for First Time Insurance Buyers

The are many scary things in this world. Buying insurance... Read More

Filing Auto Insurance Claims: The Basic Steps to Take

An automobile accident can be a terrifying event for anyone,... Read More

Finding Health Insurance for Self-Employed Individuals: A Guide For the Freelance Newbie

With a rise in those looking to venture out on... Read More

Give Your Auto Policy a Tune-Up

When you originally purchased your auto insurance policy, you purchased... Read More

Tips For Lowering Your Auto Insurance Quote

Do you have many claims? If so, you should do... Read More

Should You Have Higher Deductibles On Your Coverage?

What is a deductible? A deductible is the amount you... Read More

High Risk Auto Insurance - How to Lower Rates

How is your driving record lately? Do you have a... Read More

Which Car Should You Own To Keep Your Insurance Rates Most Affordable?

Do you consider the cost of insurance before you buy... Read More

Health Savings Accounts (HSA): How Do I Tell a Good One from a Bad One?

The Health Savings Account (HSA) is becoming well-known as an... Read More

Life Insurance Careers

Do you like to spend all day being sitting around?... Read More

Homeowners Insurance Coverage

When deciding on the appropriate amount of homeowner's insurance coverage... Read More

Disaster Decision - Do You Need Insurance?

The expenses involved with owning a home can be overwhelming... Read More

Car and Home Insurance Northern Ireland

Don't skimp on insurance. This probably doesn't sound like a... Read More

Finding a Discount Car Insurance Broker

Discount car insurance brokerTimes past finding a discount insurance broker... Read More

Reducing Soaring Insurance Claim Costs

With the soaring rise in claims to insurers from their... Read More

What Are The Auto Liability Insurance State Minimums For My State?

As you shop online for the best auto insurance deals... Read More

Used Car Insurance

Every state requires that drivers carry liability insurance. The liability... Read More

Life Insurance Information

Life insurance is a personal insurance plan designed to pay... Read More

Health Insurance Plans and their Differences

Health insurance plans have changed dramatically over the past ten... Read More

Life Insurance Beneficiaries

Naming a beneficiary for your life insurance policy can be... Read More

Do You Pay Too Much For Your Car Insurance?

Do the premiums just seem to get higher and higher... Read More

Everything You Need to Know About Life Insurance

Life insurance is a type of protection that can be... Read More

How Will an HSA Save Me Money?

The Health Savings Account (HSA) is a tool to help... Read More

Discount Life Insurance Will Give You The Best Protection You Need

There is always a chance that there is a better... Read More

Photography Insurance-Insurance for the Photographer

Part and parcel of establishing your own photographic business is... Read More

What is Pet Health Insurance?

Pet Health Insurance can give you the peace of mind... Read More