Ann Arbor |  Brighton ☰ ˟
Logo
Ann Arbor 734-327-5970 | Brighton 810-225-8977
  • BLOG
  • GET A QUOTE
    • GET A QUOTE
    • Annuities
    • Dental
    • HealthImage of right arrow
      • Priority Health - Individual Family Health
      • Priority Health - Individual Short Term
      • Blue Cross Blue Shield
      • Disability Insurance Quote
      • Long Term Care Insurance Quote
    • LifeImage of right arrow
      • Life Insurance Quote
      • Term Life Insurance Quote
    • MedicareImage of right arrow
      • Medicare Advantage Plans
      • Medicare Supplement Plans
    • Vision
  • PRODUCTS
    • Annuities
    • Dental
    • Health
    • LifeImage of right arrow
      • Term Life Insurance
    • MedicareImage of right arrow
      • Medicare Advantage
      • Medicare Supplement
    • Vision
    • Disability & Long-Term Care
    • Group Health
  • BLOG
  • RESOURCES
    • Refer a Friend
    • Important Links
    • Insurance Glossary
  • ABOUT US
    • About Us
    • Employee Directory
    • Privacy Policy
  • CONTACT US
    • Contact Us
    • Join our Newsletter
Icon

Group Health Insurance

We browse through a wide variety of coverages and find the right one for you.

Get a Quote
Icon

Personal Term Life Insurance

We browse through a wide variety of coverages and find the right one for you.

Get a Quote
Icon

Permanent Whole Life Insurance

We browse through a wide variety of coverages and find the right one for you.

Get a Quote
Icon

Personal Health Insurance

We browse through a wide variety of coverages and find the right one for you.

Get a Quote
Icon

Disability & Long-Term Care

We browse through a wide variety of coverages and find the right one for you.

Get a Quote
Icon

Group Ancillary Benefits (STD / LTD / Dental / Vision / Life)

We browse through a wide variety of coverages and find the right one for you.

Get a Quote
Home > Blog > What Does Long-Term Care Insurance Cover?
THURSDAY, DECEMBER 8, 2022

What Does Long-Term Care Insurance Cover?

Health care is a crucial and complicated topic with many facets, especially when it comes to the elderly and disabled. There are coverages available for those who need extra help, such as long-term care. Long-term care refers to assistance someone may need for an extended period of time, or even for the rest of their life.a person in a blue shirt

Long-term care insurance helps with the expenses related to having a chronical medical condition, disability or disease that limits the ability to perform every-day tasks such as bathing and getting out of bed. Medicaid generally does not cover assisted living such as this, so it’s important to review the options under an individual long-term care plan.

Activities Covered Under Long-Term Care

Common daily activities covered under long-term care include:

·        Bathing

·        Dressing

·        Eating

·        Moving (in and out of bed, chair, couch, etc.)

·        Getting on and off the toilet

Long-term care like above can be provided in your home, in hospice care, adult day services, respite care, assisted living facilities, nursing homes and Alzheimer’s care facilities. There is additional coverage for at-home skilled nursing care and therapy relating to occupational, physical, speech and rehabilitation. Speak with your healthcare provider about any specialized medical or assistance services you may need.

Assistance for these can be expensive out of pocket, and not everyone can afford to pay for needed long-term care out of pocket. Long-term care insurance helps cover the price of this necessary care.

How Much is Long-Term Care Insurance?

Long-term care insurance rates vary. Since this insurance is available through private insurers, the prices have a huge range. On average, long-term care insurance costs about $2,727 a year. Premiums depend on the plan and coverage limits chosen. Those with more long-term care needs or with specialized needs will likely pay more for this insurance. Term policies also matter, as these policies typically last a number of years before renewal is required. Other factors that influence the cost of long-term care insurance are the insured’s:

·        Age

·        Health

·        Gender

·        Marital Status

Overall, women pay higher long-term care insurance premiums because they have a longer lifespan than the average man. Older policyholders will also pay higher premiums, as the older they grow, the more likely they will need long-term care as more health issues arise with age. Married policyholders may pay lower rates since spouses can often take on some responsibility of long-term care.

Posted 4:51 PM

Tags: long-term care
Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2023
  • 2022
  • 2021
  • 2020

  • life insurance(6)
  • insurance(6)
  • coverage(5)
  • medicare(4)
  • ann arbor art fair(2)
  • life(2)
  • healthcare(2)
  • health(2)
  • group(2)
  • group health insurance(2)
  • premiums(2)
  • permanent whole life insurance(2)
  • employee(2)
  • benefits(2)
  • policy(2)
  • costs(2)
  • whole life insurance(2)
  • auto insurance(1)
  • health insurance(1)
  • employee benefits coverage(1)
  • long-term care(1)
  • employee benefits(1)
  • group ancillary benefits(1)
  • whole(1)
  • terms(1)
  • dental insurance(1)
  • vision insurance(1)
  • life insurance policy(1)
  • whole life(1)
  • term life insurance(1)
  • whole life vs term life insurance(1)
  • long term care insurance(1)
  • retirement(1)
  • medicare advantage(1)
  • term(1)

View Mobile Version

Contact Us Today!
Ann Arbor 734-327-5970 | Brighton 810-225-8977

Social Social

Resources

  • Products
  • Customer Service
  • News
  • About Us
  • Refer A Friend
  • Our Carriers
  • Blog
  • Contact Us

Contact Us

Ann Arbor 734-327-5970
Brighton 810-225-8977
Fax: 734-327-5972
Email: rob@activeinsuranceLLc.com
© Copyright. All rights reserved. | Powered by Insurance Website Builder