Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Does my Long Term Care Insurance (LTC) provide sufficient coverage?

April 26, 2017coverage Insurance LTC sufficient term

0

10 Posted

Does my Long Term Care Insurance (LTC) provide sufficient coverage?

2 Answers

0

Posted

Be sure to ask if home care services have a deductible, or if you have a maximum out-of-pocket expense on your LTC insurance policy. Also, be sure to ask if there is an annual or lifetime limit to the amount they will pay. When inquiring as to what home care services will be paid for LTC insurance, be sure to specify the exact nature of the services being requested. Generally, LTC policies carry a “Custodial Care” benefit component.Amada can help you better understand your LTC insurance policy, or that of a loved one. If you’d like us to research a policy to see if home care services are included, please don’t hesitate to ask. We prefer to have our clients pay for home care services directly and get reimbursed by their LTC insurance provider. Amada will be happy to assist in preparing claim forms and/or generating care notes and reports required by your LTC insurance provider. Our web based Heart to Heart ™ program allows you to print activity reports and invoices to facilitate quick r

0

Posted

Be sure to ask if home care services have a deductible, or if you have a maximum out-of-pocket expense on your LTC insurance policy. Also, be sure to ask if there is an annual or lifetime limit to the amount they will pay. When inquiring as to what home care services will be paid for LTC insurance, be sure to specify the exact nature of the services being requested. Generally, LTC policies carry a “Custodial Care” benefit component. Amada can help you better understand your LTC insurance policy, or that of a loved one. If you’d like us to research a policy to see if home care services are included, please don’t hesitate to ask. We prefer to have our clients pay for home care services directly and get reimbursed by their LTC insurance provider. Amada will be happy to assist in preparing claim forms and/or generating care notes and reports required by your LTC insurance provider. Our web based Heart to Heart ™ program allows you to print activity reports and invoices to facilitate quick