Already have long term care insurance but wondering if it’s adequate? Call us at 703-790-5770 to discuss your your current coverage, needs and situation with a McLean expert.
What does Long-Term Care Cover?
Long Term Care Insurance pays for services that involve assistance in basic daily activities. For instance, bathing, eating, moving from a bed to a chair, going to the bathroom, etc. These services are referred to as custodial care and can be performed by a family member or a paid caregiver.
Skilled care may be needed when recovering from an illness or injury. Care can be administered in different settings and long-term care insurance can cover each type of facility. Facility types include:
- In-home care
- Nursing home
- Adult day care
- Assisted living
- Elder care communities
How does Long-Term Care Work?
It is important to remember Health Insurance and Long Term Care Insurance are totally different. ‘Health’ Insurance covers doctor visits, treatment, hospitalization and prescriptions. ‘Long Term Care’ Insurance applies to people with continuous illnesses, disabilities or other conditions that need daily assistance over an extended period of time.
If you ever need long term care due to an unexpected illness, injury or aging you will be thankful that you invested in a Long-Term Care Insurance policy. Your Long Term Care Insurance policy will become effective in the event that you need assistance with regular day activities.
Long Term Care Insurance allows you to maintain your independence without troubling your friends or relatives.
There are a variety of Long Term Care Insurance policies and McLean Insurance will work with you to create a customized plan that best fits your situation. Factors we consider are your current age and health, premium costs, your net worth and your income.