Learn how long-term care insurance can benefit you!
People don’t necessarily expect to get sick, but many people are affected daily. From cancer to Alzheimer’s disease, there are a plethora of illnesses that are common and require long-term medical care. Care isn’t cheap. Ensure that you can afford long-term care and invest in the right kind of insurance. Check out why you should invest in long-term care insurance.
Your Health Insurance Won’t Cut It.
While your health insurance helps to pay for doctors visits, hospital stays, and even prescription medications, it won’t help you with long-term care. You need a separate policy to give you coverage for an extensive period of time.
Medicare & Medicaid Have Strict Limitations.
When it comes to Medicare, it may be able to help pay for long-term care. However, it’s conditional upon several factors. You must have stayed in a hospital for at least three consecutive days. Plus, once the coverage kicks in, it only covers up to 100 days of care. Medicaid will only cover long-term care expenses for individuals with assets less than $2,000. Long-term care insurance helps to take out the guess work. You won’t have to worry about whether or not you’re covered.
Long-Term Care is Expensive.
No one wants to think about getting sick. However, if it does happen, you must cover medical supplies, round the clock staffing, home modifications, and various other expenses. If you’re unprepared for the aforementioned, you may be left to pay out of pocket – and that can add up. Protect your hard earned savings and invest in a long-term care policy to give you peace of mind that you’re covered.
Get the long-term care insurance coverage that you need for your future. Be sure to contact the professionals at ISU Wissink Insurance. Located in Culver City, California, we serve all your personal and commercial insurance needs.