Long-term care insurance (LTC insurance) is a type of insurance designed to cover the cost of long-term care services for individuals with chronic health conditions, cognitive impairments, or disabilities. The ideal time to purchase LTC insurance is when a person is in good health, typically in their 50s or early 60s. Purchasing a policy early would result in lower premiums and lower the risk of being ineligible due to health issues.
Long-Term Care Insurance is to provide assistance with activities of daily living (ADLs), such as:
Our agency is credentialed by and works with all the major long-term care insurance vendors (e.g., Penn Treaty, Banker’s Life, CNA, Genworth, John Hancock, TransAmerica, New York Life, Mass Mutual, SHIP, UNUM, etc.)
We know that these policies are complicated and can be very confusing. If you would like more clarification on your policy and how you can use it towards paying for services, give us a call and we would be happy to discuss further and do a No-Cost Benefits Verification for you.
Yes. For clients who have Long-Term Care Insurance policies and are unsure about their policy benefits, limits, elimination periods, etc. We would be happy to do a No-Cost Benefits Verification for you. You’ll need to sign an insurance company-specific HIPPA release authorizing the inquiry, and it typically takes 5-7 business days to get a response from the insurance company
Yes. We offer two options. You can either pay for the services yourself and we will file for reimbursement on your behalf at no charge. Or, our Medical Billing Partner can take Assignment of Benefits (AOB) with the Long-Term Care Insurance Company, and you will incur no “out of pocket” expenses whatsoever provided your requested volume of services falls within your policy limits. There are some additional fees for “assigning your benefit” to offset the additional administrative overhead related to taking AOB. Please call our office for more details regarding our Long-Term Care Insurance AOB policies and associated pricing.
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Home Care Services are available 24-hours a day 7-days a week throughout Venice, Florida including: Bee Ridge, Fruitville, Gulf Gate Estates, Laurel, Longboat Key, North Port, Southgate Venice, Venice Springs.
