Comments for Long Term Care Insurance Secrets http://longtermcareinsurancesecrets.com/blog Learn What Most Agents Don't Know & Companies Hope You'll Never Find Out Wed, 07 Jan 2009 08:15:50 +0000 http://wordpress.org/?v=2.6.2 Comment on Is it worth chosing the "compounded for inflation" option when buying long-term care insurance? by Is it worth chosing the "compounded for inflation" option when buying long-term care insurance? | Top Quality Insurance-Related Articles Discovered http://longtermcareinsurancesecrets.com/blog/is-it-worth-chosing-the-compounded-for-inflation-option-when-buying-long-term-care-insurance/20/#comment-25 Is it worth chosing the "compounded for inflation" option when buying long-term care insurance? | Top Quality Insurance-Related Articles Discovered Sat, 29 Nov 2008 00:30:58 +0000 http://longtermcareinsurancesecrets.com/blog/is-it-worth-chosing-the-compounded-for-inflation-option-when-buying-long-term-care-insurance/20/#comment-25 [...] Original Source : Is it worth chosing the "compounded for inflation" option when buying long-term care insur... [...] [...] Original Source : Is it worth chosing the "compounded for inflation" option when buying long-term care insur… [...]

]]> Comment on Hancock Long Term Care Insurance by shoemuffinsFTW http://longtermcareinsurancesecrets.com/blog/hancock-long-term-care-insurance/33/#comment-24 shoemuffinsFTW Thu, 16 Oct 2008 19:11:51 +0000 http://longtermcareinsurancesecrets.com/blog/what-you-need-to-know-now-about-long-term-care/33/#comment-24 <b>YEAH DAD YOU RULE!!</b> <br> YEAH DAD YOU RULE!! YEAH DAD YOU RULE!!
YEAH DAD YOU RULE!!

]]> Comment on Hancock Long Term Care Insurance by Meowianne http://longtermcareinsurancesecrets.com/blog/hancock-long-term-care-insurance/33/#comment-23 Meowianne Thu, 16 Oct 2008 19:11:51 +0000 http://longtermcareinsurancesecrets.com/blog/what-you-need-to-know-now-about-long-term-care/33/#comment-23 <b>Helpful! We plan ...</b> <br> Helpful! We plan to explore long term insurance via the internet. Thanks! Helpful! We plan …
Helpful! We plan to explore long term insurance via the internet. Thanks!

]]> Comment on Hancock Long Term Care Insurance by sjcpony http://longtermcareinsurancesecrets.com/blog/hancock-long-term-care-insurance/33/#comment-22 sjcpony Thu, 16 Oct 2008 19:11:51 +0000 http://longtermcareinsurancesecrets.com/blog/what-you-need-to-know-now-about-long-term-care/33/#comment-22 <b>Here's a reality ...</b> <br> Here's a reality check for the idiots who buy this crap from the insurance industry. One month in a nursing home can cost a minimum of $4700...and that's conservative. A month in assisted-living can cost a minimum of $5000, and that's VERY conservative. No state will cover assisted-living costs, but they will a nsg. home, when the patient is destitute. Which idiots think insurance is going to cover these fees long-term? If you think that, you believe there's an Easter Bunny. Here’s a reality …
Here’s a reality check for the idiots who buy this crap from the insurance industry. One month in a nursing home can cost a minimum of $4700…and that’s conservative. A month in assisted-living can cost a minimum of $5000, and that’s VERY conservative. No state will cover assisted-living costs, but they will a nsg. home, when the patient is destitute. Which idiots think insurance is going to cover these fees long-term? If you think that, you believe there’s an Easter Bunny.

]]> Comment on Hancock Long Term Care Insurance by K1dCharlemagne http://longtermcareinsurancesecrets.com/blog/hancock-long-term-care-insurance/33/#comment-21 K1dCharlemagne Thu, 16 Oct 2008 19:11:51 +0000 http://longtermcareinsurancesecrets.com/blog/what-you-need-to-know-now-about-long-term-care/33/#comment-21 <b>it will cover needs ...</b> <br> it will cover needs long-term (most people use home care though)and at 61 (although i hope that's not your real age by the way you talk)you're about 10 years late for buying as it gets more expensive the longer you wait. at 61, it's probably $2,500 a year for you. fact is, there's a strong likelihood you'll never need it. just like with any insurance, take term life for instance, there's only a 2% chance you'll die during your working years. that's how they make their money. they play the odds. it will cover needs …
it will cover needs long-term (most people use home care though)and at 61 (although i hope that’s not your real age by the way you talk)you’re about 10 years late for buying as it gets more expensive the longer you wait. at 61, it’s probably $2,500 a year for you. fact is, there’s a strong likelihood you’ll never need it. just like with any insurance, take term life for instance, there’s only a 2% chance you’ll die during your working years. that’s how they make their money. they play the odds.

]]> Comment on Boomer Warning About Long Term Care Costs by JJ http://longtermcareinsurancesecrets.com/blog/boomer-warning-about-long-term-care-costs/15/#comment-3 JJ Wed, 08 Oct 2008 19:13:56 +0000 http://longtermcareinsurancesecrets.com/blog/boomer-warning-about-long-term-care-costs/15/#comment-3 I just wanted to say that my Mother lives alone in her early 80's and as one of the children fully expect her to spend her money on care giving with really nothing left for the estate. I hope she doesn't outlive her money. I just wanted to say that my Mother lives alone in her early 80’s and as one of the children fully expect her to spend her money on care giving with really nothing left for the estate. I hope she doesn’t outlive her money.

]]> Comment on Is long term health care insurance worth it and /or necessary?? by HealthQuote360.com http://longtermcareinsurancesecrets.com/blog/is-long-term-health-care-insurance-worth-it-and-or-necessary/21/#comment-17 HealthQuote360.com Sat, 15 Mar 2008 23:55:15 +0000 http://longtermcareinsurancesecrets.com/blog/is-long-term-health-care-insurance-worth-it-and-or-necessary/21/#comment-17 It is estimated that over 40% of all Americans will spend at least some amount of time in a nursing home or other type of skilled living facility. The average annual cost for a long term care facility in the United States is a little bit over $40,000 (with some areas of the county averaging as high as $60,000 per year). Medicare and Medicaid combined will pay less than 5% of all long term care costs. Generally speaking only those who are fairly wealthy or have family that can take care of them (and don't mind inconveniencing them in this way) do not need long term care health insurance. http://www.HealthQuote360.com http://www.LTCQuote360.com<br><b>References : </b><br> It is estimated that over 40% of all Americans will spend at least some amount of time in a nursing home or other type of skilled living facility.

The average annual cost for a long term care facility in the United States is a little bit over $40,000 (with some areas of the county averaging as high as $60,000 per year).

Medicare and Medicaid combined will pay less than 5% of all long term care costs. Generally speaking only those who are fairly wealthy or have family that can take care of them (and don't mind inconveniencing them in this way) do not need long term care health insurance.

http://www.HealthQuote360.com
http://www.LTCQuote360.com
References :

]]> Comment on Long term care insurance? by firstam2008 http://longtermcareinsurancesecrets.com/blog/long-term-care-insurance/22/#comment-20 firstam2008 Wed, 27 Feb 2008 10:00:06 +0000 http://longtermcareinsurancesecrets.com/blog/long-term-care-insurance/22/#comment-20 At their age and with their health, that ship sailed and sank. They're probably going to end up going bankrupt and in a state-run nursing home on Medicaid like millions of others. The time to buy ALL insurance is when you do NOT need it--not when it's clear you're going to use the heck out of it. Sorry this is happening and bless you for caring, but they clearly made their own poor choices and it's sad that those who care will hurt worse than they will.<br><b>References : </b><br> At their age and with their health, that ship sailed and sank. They're probably going to end up going bankrupt and in a state-run nursing home on Medicaid like millions of others.
The time to buy ALL insurance is when you do NOT need it–not when it's clear you're going to use the heck out of it.
Sorry this is happening and bless you for caring, but they clearly made their own poor choices and it's sad that those who care will hurt worse than they will.
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]]> Comment on Long term care insurance? by Chris C http://longtermcareinsurancesecrets.com/blog/long-term-care-insurance/22/#comment-19 Chris C Wed, 27 Feb 2008 03:50:20 +0000 http://longtermcareinsurancesecrets.com/blog/long-term-care-insurance/22/#comment-19 I would assume that they would not be eligible for Long Term Care insurance (not sure where tou are located though). Long term care insurance is there for when when you can no longer do the activities of daily living or mental deterioration. Strokes cause mental deterioration and arthritis limits movement, so I would assume that might be cause for a declie of coverage. That being said every company underwrites insurance different and has slightly different coverage, so the best bet would be to contact a liscensed insurance agent where you live and run that scenario past them.<br><b>References : </b><br>Insurance Broker in SK, Canada I would assume that they would not be eligible for Long Term Care insurance (not sure where tou are located though). Long term care insurance is there for when when you can no longer do the activities of daily living or mental deterioration. Strokes cause mental deterioration and arthritis limits movement, so I would assume that might be cause for a declie of coverage.

That being said every company underwrites insurance different and has slightly different coverage, so the best bet would be to contact a liscensed insurance agent where you live and run that scenario past them.
References :
Insurance Broker in SK, Canada

]]> Comment on Long term care insurance? by Nicole H http://longtermcareinsurancesecrets.com/blog/long-term-care-insurance/22/#comment-18 Nicole H Tue, 26 Feb 2008 21:40:04 +0000 http://longtermcareinsurancesecrets.com/blog/long-term-care-insurance/22/#comment-18 Medicare.gov - Long-Term Care This section of Medicare.gov provides a summary of what long-term care means and role of Medicare and Medicaid in long-term care. www.medicare.gov/LongTermCare/Static/Home.asp - 34k - Cached<br><b>References : </b><br> Medicare.gov - Long-Term Care
This section of Medicare.gov provides a summary of what long-term care means and role of Medicare and Medicaid in long-term care.
http://www.medicare.gov/LongTermCare/Static/Home.asp - 34k - Cached
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