Long-Term Care Insurance
Long-term care includes medical and non-medical care for people who have a chronic illness or disability. This care may include help with daily activities such as dressing, bathing, eating, getting in and out of bed or a chair. It may also include home health care, adult day care, nursing home care or care in a group living facility.
Long-term care insurance is one way to pay for this type of care. LTC insurance will help to:
- Protect your assets and savings from the cost of future care.
- Help reduce the burden of care that falls upon family members.
- Maintain where and how you receive care.
- Preserve / maintain your family’s standard of living.
Medicare Gap Insurance
Original Medicare is health insurance for people 65 or older, or for people under 65 who have certain disabilities or disease. Medicare covers many health care services and supplies, but there are many costs it doesn’t cover. A Medicare Supplement or Medigap policy is health insurance sold by private insurance companies to fill gaps in Original Medicare coverage.
A Medicare supplement / Gap policy will help pay for the following:
- Medicare copayments.
- Medicare coinsurance.
- Medicare deductibles.