Inflation Riders on LTCI policies Do you know about inflation riders on long-term care insurance policies (LTCI)? The cost of home care, assisted living and senior living (aka, nursing home) increased by 4% to 6%, depending on the setting in 2022. There is every...
More Long-Term Care Insurance Questions Answered: Q. Will Medi-Cal/Medicaid, Medicare or health insurance cover my long-term care needs? Long-term care is different from other health care and is not typically covered by health insurance, Medi-Cal, Medicare or Medicare...
LTC Insurance Non-Forfeiture Rider Do you know what a ‘non-forfeiture’ rider is? The rider is designed to ensure that if you lapse your long-term care policy (i.e., stop paying premiums) after a specified number of years, you retain some benefits from the...
Another Long-Term Care Insurance benefit Do you know about the Bed Reservation Rider on most Long-Term Care Insurance policies? This rider will pay to reserve your bed in a nursing home while you are in the hospital. Bed reservation benefits often range from 20 to 60...
Another Long-Term Care Insurance benefit Did you know: Waiver of premium riders are available as an option on most Long-Term Care Insurance Policies. Waiver of Premium provides for the suspension of premiums when the policy owner is certified as requiring care for...
