Deekstar Free Insurance Information Image-click here for homepage Bookmark Page

Translate all Articles into 35 Languages!

Translate



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.


MORE RESOURCES:

Boston Globe

Healthcare reform, objectively
Los Angeles Times
The government's role as a provider of health insurance would increase, however, as Medicaid would be extended to more low-income adults and new subsidies ...
Why We ReformNew York Times
The Perilous Public Health Insurance Debate In The United States24-7PressRelease.com (press release)
The truth about health insurance profitsSmall Gov Times
USA Today -Huffington Post (blog) -Right Side News
all 597 news articles »


Reuters

Workers paying more toward insurance premiums
San Francisco Chronicle
While workers are paying a greater share of their employer's insurance, premiums for family coverage in California increased 64.8 percent from 2000 to 2008. ...
Study: Middle class hardest hit by rising insurance costsBaltimore Sun (blog)
About 1 in 4 in California lack health insurance, a UCLA study findsLos Angeles Times (blog)
Survey shows how middle class hit by health-insurance crisisUSA Today
Capitol Weekly -Annapolis Capital -Montgomery Advertiser
all 173 news articles »


Brandon News and Tribune

Democrats add more plums to already huge healthcare bill
Fort Worth Star Telegram
Beginning in 2014, most would be required for the first time to purchase insurance and face penalties if they refused. Millions of families with incomes up ...
Health care bill adds senior rebate, insurance subsidiesNewsday (subscription)

all 221 news articles »


Health Insurance Tips For College Students
San Francisco Chronicle
While it's important to have health insurance in case of emergency, it's not good to spend money for something you already have. ...
Kreidler: In down economy, be wary of health insurance scamsAccess Washington
Co-pay rising: Five health insurance mythsSDNN (blog)

all 5 news articles »


A.M. Best Affirms Ratings of Investors Heritage Life Insurance Company and ...
MarketWatch (press release)
... dedicated to serving the financial and health care service industries, including insurance companies, banks, hospitals and health care system providers. ...

and more »


Latest Hot Job: Life-Insurance Agent
Wall Street Journal
One of the most old-fashioned occupations in finance is back in favor: the life-insurance agent. Some big insurers are adding thousands of ...
New York Life to Pay Long-Term Care Insurance Dividend for the Sixth ...Insurance News Net (press release)

all 6 news articles »


CBS News

Missouri Senate approves bill for mandated autism insurance coverage
Kansas City Star
JEFFERSON CITY | Health insurance coverage of autism spectrum disorders would be required under legislation passed Thursday in the Missouri ...
New Autism Bill May Cause Changes in Insurance Coveragefox4kc.com
Mo. Senate passes autism insurance billKWMU
Senate autism coverage bill passesMissourinet.com

all 102 news articles »


New York Daily News

A look at the health care overhaul bill
Washington Post
INSURANCE MANDATE: Almost everyone is required to be insured or else pay a fine. There is an exemption for low-income people. Mandate takes effect in 2014. ...
AP sources: Insurance watchdog not in health billThe Associated Press
Insurance-rate regulation dropped from latest health billMiamiHerald.com
Democrats offer $940b health bill for final testBoston Globe
Reuters -eMaxHealth -BusinessWeek
all 8,404 news articles »


Eastern Alliance Insurance Group Announces ParallelPay(R) Program Reaches $10M ...
MarketWatch (press release)
One of EAIG's agency partners, Bryan Beasley of Senn Dunn Insurance, adds, "The combination of EAIG and their ParallelPay program provides our clients with ...

and more »


ABC News

Insurance firm actually Aims to Ditch HIV Clients
TopNews United States
In accordance to the Reuters news agency the insurance giant formerly known as Fortis possessed a standard procedure of targeting its policyholders with HIV ...
Insurance firm aimed to ditch HIV clientsXinhua
Annals of outrageous health insurance evilSalon
Report: Insurance Company Had Policy Targeting HIV-Positive PolicyholdersDemocracy Now
Newser -Reuters -Los Angeles Times
all 77 news articles »

Google News

Tennis Ball Machines | Online Shopping Mall | Price Comparison UK | Beatles Box Set | ebay Auctions | Women's Shopping | Buy Movies Mp3's | Jewelry Shopping | Site Map
Google
 
© InsuranceProviderOnline Dot Info. Insurance Services Information 2006 - 2009