Return to Original Long Term Care Insurance Discussion Board Archived Index

Re: Current average length of actual LTC bennefit being paid and what is the ave. lenght of stay?

Posted by William Gray on March 19, 2002 at 20:51:33:

In Reply to: Re: Current average length of actual LTC bennefit being paid and what is the ave. lenght of stay? posted by Ann Vanderslice on March 14, 2002 at 11:55:15:

Good question and i'm glad you asked it if you also noticed I reccomended that the person take a shared pool as well. so a three year benefit would become a 6 yr/3yr option for the client. Also, keep in mind that if the cost of care is greater than 8-10 hours a day the client would likely not stay home due to the difficulty. Reducing the payment amount per day would allow for the client who is "premium" conscience to have enough coverage and still take more than a bascic three year plan.

Follow Ups:

Re: Current average length of actual LTC bennefit being paid and what is the ave. lenght of stay? : Good question and i'm glad you asked it if you also noticed I reccomended that the person take a shared pool as well. so a three year benefit would become a 6 yr/3yr option for the client. Also, keep in mind that if the cost of care is greater than 8-10 hours a day the client would likely not stay home due to the difficulty. Reducing the payment amount per day would allow for the client who is "premium" conscience to have enough coverage and still take more than a bascic three year plan.

Return to Original Long Term Care Insurance Discussion Board Archived Index

Learn More About Your options...

Texas license # 1270417