Regardless of what some people might think, medical insurance will not cover the expenses and services that long term care insurance covers.
There are three types of long term care insurance. The first plan is the skilled nursing care. It has to be ordered by a physician and the patient must be able to fully recover form his or her illness or injuries. It involves a treatment plan, skilled therapy with a licensed therapist and nursing care.
Intermediate nursing care is another type of long term care insurance. Likes skilled nursing care it must be ordered by a physician and the patient must be able to recover from their illness or injury. Unlike skilled nursing care, Intermediate nursing care is not provided on a daily basis. It depends on what treatment and therapy plan tht the doctor has ordered. It is basically a prescribed as needed to get well plan.
The custodial nursing care plan is the full coverage plan of long term care insurance. Custodial care includes daily nursing care and nursing assistance walking, eating, bathing and other hygiene matters, and also includes colostomy and catheter use, as well. Custodial care can be an in home care plan, an assisted living care plan or a nursing home plan. It can range from a few hours per week to 24 hours per day. The intention is that the patient will not be able to recover from their injuries or illnesses.
Studies how that 40% of the people who receive any type of long term care services are under the age of 65. Studies also show that there is a 50% chance that a person will need some type of long term care service after the age 65.
Long term care insurance is right for many people, but if you are in the position that you can pay for your care with assets then long term care insurance might not be the best idea.
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 response to a hard insurance market in the mid... Read More
Most people with health insurance, especially employer paid health insurance,... Read More
Did you realize that it could cost you more than... Read More
Protecting your family is the single most important thing any... Read More
The value of a personal injury claim has a direct... Read More
Health Insurance: a sense of dissatisfactionThe three C's, customization, consumerization... Read More
Here's the good news: with improvements in medical technology and... Read More
If you are an expatriate planning on long-term residence in... Read More
It is very important to do an auto insurance comparison... Read More
As you shop online for the best auto insurance deals... Read More
Homeowner insurance quotes can vary in the amount they cost... Read More
One of the most important things you will ever do... Read More
Only 61% of adult Americans have life insurance (down from... Read More
Because of the many problems that can occur when you... Read More
You may have noticed that life insurance is coming back... Read More
Insurance policies provide financial protection in a broad range of... Read More
As a young, healthy college student, it might be tempting... Read More
Why does health insurance cost so much? Year after year,... Read More
For most people car insurance is a the single largest... Read More
In the UK each September, 350,000 new students embark off... Read More
Part and parcel of establishing your own photographic business is... Read More
There are many options available for life insurance, and for... Read More
This article is written by a 27 year old female... Read More
The are many scary things in this world. Buying insurance... Read More
For many years in the UK, motor insurance has been... Read More
Regardless of what some people might think, medical insurance will... Read More
Do you like to spend all day being sitting around?... Read More
If you want to save money when you purchase your... Read More
Several key changes are necessary to get control of the... Read More
You can pay as you talk with a cell phone... Read More
Disability insurance covers you for an extended period of time.... Read More
The(ACV)Actual Cash Value Policy DOES NOT insure the property itself... Read More
Auto insurance rates will vary depending on the insurance agency,... Read More
I've long wanted to write an article about Internet Leads... Read More
For once finances seem to be going in favour of... Read More
Whether you are looking for car insurance in Canada, the... Read More
Life Insurance is a legal contract between you and a... Read More
Car insurance rates are prohibitive nowadays. Many families really struggle... Read More
Gone are the days of the cinder block and wood... Read More
The Health Savings Account (HSA) is an amazing tool to... Read More
The three C's, customization, consumerization and customer-satisfaction, seem to be... Read More
Auto insurance rates will vary depending on the insurance agency,... Read More
Finding auto insurance quotes online is easy, but finding the... Read More
Accidents almost always make your insurance rates increase. Whether or... Read More
The Health Savings Account (HSA) is an amazing tool that... Read More
With Nursing home Cost's running $4,000 to $6,000 a month... Read More
If you're a recent college graduate, or in between jobs,... Read More
Finding insurance quotes for California auto is now pretty easy.... Read More
The insurance policy is a package that includes more than... Read More
Many personal car insurance companies consider your credit information when... Read More
When we talk about insurance the thing you have to... Read More
Home Insurance is designed to provide you with financial protection... Read More
By searching online for life insurance, you can get a... Read More
We have just had the first year's anniversary of the... Read More
Health insurance is something that everyone needs today. The rising... Read More
Your latest car insurance bill has arrived and it is... Read More
For most people car insurance is a the single largest... Read More
There's nothing that has a greater impact on evaluating a... Read More
You may have noticed that life insurance is coming back... Read More
Quite often you feel that an ad for life insurance... Read More
What exactly is Term Life Insurance?Term life is a form... Read More
It is now possible to thoroughly research and buy health... Read More
Car insurance is one of the most dreaded chunks in... Read More
The Health Savings Account (HSA) is an amazing tool that... Read More
Here is a useful guide to Home Insurance. Home insurance... Read More
Aren't all travel insurance plans basically the same?No. When you... Read More
Insurance |