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They cover the cost of services for a person living in a nursing home or in an assisted living facility.

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10y ago
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2w ago

Long term care insurance typically covers assistance with activities of daily living, such as bathing and dressing, when a person is unable to do so themselves. The insurance may also cover care received in various settings, such as at home, in a nursing home, or in an assisted living facility. Additionally, long term care insurance may have waiting periods before benefits kick in and may have limits on the amount of coverage provided.

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Q: Which of these statements describes the elements of long term care insurance?
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What sentence best describes the elements of long term care insurance?

Long term care insurance provides coverage for services not typically covered by traditional health insurance, such as assistance with daily activities like bathing and eating. It helps cover the costs of care in settings like nursing homes or assisted living facilities, offering financial protection for individuals who may need long term care due to illness, disability, or aging.


What describes the elements of long-term care insurance?

Long-term care insurance typically covers services related to personal care and assistance with daily living activities for individuals who are unable to care for themselves due to a chronic illness, disability, or cognitive impairment. It can help cover costs associated with nursing homes, assisted living facilities, and home care services. Premiums are based on factors like age, health status, and coverage options chosen.


Where is the best place to acquire AARP long term care insurance?

The best place to acquire AARP long term care insurance is directly through the AARP website or by contacting their customer service. AARP partners with insurance companies to offer long term care insurance plans specifically designed for their members.


Does GE offer long term care insurance?

GE sold its long-term care insurance business to Genworth Financial in 2004. Genworth Financial now offers long-term care insurance products.


What year did mass mutual introduce long term care insurance?

Mass Mutual introduced long term care insurance in 1997.

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Calculations of cost and benefit are based on personal preference


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Government provided health care, unemployment insurance, old-age pensions


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1 doctor and 13 insurance administrators trying to figure out how to screw him (and usually succeeding).


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Which the following describes the elements of a health maintenance organization?

It offers lower co-payments and covers the costs of more preventative care, but your choice of healthcare providers is limited. ;)


Can your Health care insurance force your wife to purchase health care insurance through her company?

No.


What is the difference between managed care health insurance and traditional insurance plans?

Managed care health insurance will only cover when you need intensive care or a nursing home. It's mostly used as a suplamental insurance.


Which of the following describes the elements of a health maintenance organization (HMO)?

It offers lower co-payments and covers the costs of more preventative care, but your choice of healthcare providers is limited.


What are some companies that sell long term care insurance?

Some companies that sell long term care insurance include Genworth, Mutual of Omaha, John Hancock, and Transamerica. It is important to research different insurance providers to find the best coverage and rates for your specific needs.


How can you find long term insurance care cost?

There are many ways to find long term insurance care. Long term insurance care can be found on websites such as Nationwide, LongTermCare, and CompareLongTermCare.


What are some of the features of PPO types of health insurance?

PPO Health Insurance offers health insurance to individuals and families. They offer preventative care, emergency care, prescriptions and surgery care.


What happens when your at fault in an accident but you can't pay for it?

Your insurance will care of the damages. If you don't have insurance, the other parties insurance will take care of the damages and then go after you.