Long Term Care Insurance Blog » nursing home insurance

Featured Video: What You Need to Know About Long-Term Care

Ian — Thu, 22 Apr 2010 00:13:38 +0000

Nursing Home State Comparison

Ian — Wed, 24 Mar 2010 03:06:16 +0000

If you follow the New Old Age blog on nytimes.com, you may have seen a recent post on nursing homes. Specifically, how stressful it can be to find a “good” nursing home. As my parents have been thinking about this issue recently, I decided to do a quick search to find out just how easy it would be to find some type of tool or website that allows for some type of nursing home state comparison. It didn’t take long to find just what I was looking for.

Click the image below to find rankings and make nursing home comparisons

Nursing Home State Comparison | Nursing Home Rankings

If you have questions about whether nursing home stays are covered by long term care insurance, ask one of our LTC Insurance experts

What Are My Options For Long-Term Care?

Ian — Thu, 27 Aug 2009 18:42:29 +0000

A recent article in the Jackson Sun does a good job summarizing the most common types of long-term care facilities or options, which include: nursing homes, assisted living facilities and in-home care. You can read the full article HERE but below we’ll digest some of the information for you. It’s important to understand how each of these long term care options differ, such as costs as well as the type and amounts of care one will receive at each respective facility.

Nursing Homes:

“Most people who have to pick a nursing home find out ‘today,’” she said. “It’s usually not something you think about in advance. It’s more like the hospital is telling you, ‘It’s time, and this place has beds available.’ A lot of people don’t realize they have a choice, that they can choose the facility they want.”

It is true you have a choice when it comes to finding a nursing home…most of the time. A lot can depend on where you live. Urban areas will have far more choices than a small town far away from a city. Furthermore, costs can vary drastically from one nursing home to the other.

Assisted Living Facilities

Assisted living is the choice of many persons who need help with daily living but do not need to be in a nursing home.

This is an important distinction to be aware of. Assisted living facilities are NOT the same as nursing homes.

Assisted living facilities offer three meals a day, housekeeping and assistance with activities of daily living, including help with taking medications.

In-home care

This article discusses in-home care briefly, but it’s quite specific to Tennessee. If you think you prefer, or prefer, in-home care versus say a nursing home or assisted-living facility, make sure to speak a long term care specialist who understands the differences from state-to-state.

So what does all this mean?

“It’s a big undertaking,” Scott said. “People just don’t realize, until you have to go through it, how much work it is.”

It’s very easy to put off dealing with long-term care issues until the last minute. Sometimes you don’t have a choice due to a sudden emergency, but often times there is time to consider the options for long term care. This article doesn’t even discuss long-term care insurance, which in most cases will cover a significant portion of costs incurred at a nursing home, assisted-living facility or in-home care.

What is the Average Long Term Care Insurance Premium?

Ian — Fri, 24 Jul 2009 00:27:08 +0000

If you’ve ever wondered what the average long term care insurance premium is, you can now breathe a bit easier. We just published a simple but valuable tool for those who are looking into insurance for long term care, but are unsure just how much monthly premiums may be.

By simply inputting your age (a very important factor that will determine LTCI rates) our long term care insurance calculator provides a baseline costs of monthly premiums. It’s very important to note that there are many factors that can affect your estimate, and there are discounts that may apply to you. After using this calculator, we highly recommend getting a more detailed quote.

CLICK HERE to begin.

Recent Twitter Topic: Does LTCI cover Nursing Home Insurance?

Ian — Tue, 14 Jul 2009 23:27:12 +0000

People discuss all sorts of health topics on Twitter, but recently there’s been quite a bit of tweeting regarding long term care and long term care insurance. Today we stumbled…sorry, twumbled…across a link to a recent article about a study on long term care insurance. What caught us by surprise though was the Twitterer claiming that, based on this article, long term care insurance doesn’t cover nursing home insurance. This isn’t true. Long term care insurance does cover nursing home stays. The article in question was simply claiming that a larger percentage of LTCI claims are going towards assisted-living facilities, at home care or skilled nursing home care.

Moral of the story…the internet is an invaluable way to do research. Just make sure to double check everything you’re reading on the internet.