Long Term Care Insurance
Four Types of Insurance You Should Have
Many experts agree that life, health, long-term disability and auto are the four types of insurance everyone should have. If you are covered by your employer, it tends to be the best option. However, if an employer is not an option or not available, finding a company who can cover any of these four types…
Are You Required to Have Health Care Coverage in Kansas?
As of January 1, 2014, most U.S. citizens and legal residents are required by law to have qualifying health care coverage or pay an annual tax penalty for every month they go without insurance. This is called the “individual mandate.” Beginning in 2014, the penalty for not having qualifying coverage is $95 per adult and $47.50…
What is the Biggest Drawback of Long-Term Care Insurance?
Is there a right answer about whether to purchase long-term care insurance? It definitely has its pros and cons and they are pretty even. Some people choose not to purchase long-term care insurance because it costs too much. While others want to make sure they are taken care of when the time is ready. Long-term…
What is Typically Covered in a Long-Term Care Policy?
The exact type of coverage varies by insurance policy, but long-term care coverage usually covers, home health care, respite care, adult day care centers, assisted living facilities, nursing homes and Alzheimer special care facilities. A few long-term care policies may also cover short-term hospice care. Home health care can be skilled in-home nursing care, such…
Why Might a Young Person Buy Long-Term Care Insurance?
Long-term care insurance refers to services that are not covered by regular health insurance. It can mean things like getting assistance for routine daily activities like dressing, eating, chores, bathing, getting in and out of bed and meal prep. A long-term policy will often cover the costs of care for a chronic medical condition, disability…
What Does Long Term Health Care Insurance Cover?
Long term health care insurance helps people pay for a variety of services and typically does not include medical care. Coverage may include the expense of staying in a nursing home or assisted living facility, adult care or event in-home care. This typically includes care provided by nurses for physical, occupational or speech therapies, along…
Insurance with Jim Rooney
Jim Rooney is the owner of Advanced Insurance Concepts. He built Advanced Insurance Concepts to allow him to serve his clients to the best of his ability and to find the best possible solution for their health, live and accident insurance needs. There are over 25 insurance companies; plus, all of the Medicare Advantage providers…
Is Long Term Care Insurance Worth It?
If you are over 65, you may be asking yourself is long term care insurance worth it? Let’s look at the pros and cons of long-term care insurance. Medicare does not pay for custodial care and private health insurance rarely pays any of the costs for long term care. When you retire, do you expect…
3 Types of Long Term Care Services
Did you know that your health insurance nor Medicare will pay for your long-term care services if you need them? You’ll need long term care services insurance if you develop a chronic illness or become disabled and can no longer care for yourself. If you are thinking about investing, here are three types to consider:…
What Is Long Term Care Insurance?
A long term care insurance policy helps cover the costs of care when you have a chronic medical condition, disability or a disorder such as Alzheimer’s. Regular health insurance doesn’t cover long term care. Long term care can be given in a number of locations such as your home, a nursing home, an assisted living…
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