long term care ss july 2014
DESCRIPTION
What does long-term care insurance cover?TRANSCRIPT
![Page 1: Long term care ss july 2014](https://reader034.vdocuments.site/reader034/viewer/2022051815/53f894de8d7f7253318b46f5/html5/thumbnails/1.jpg)
What Long-Term Care Insurance Will Pay For
![Page 2: Long term care ss july 2014](https://reader034.vdocuments.site/reader034/viewer/2022051815/53f894de8d7f7253318b46f5/html5/thumbnails/2.jpg)
1. In-home nursing care• A popular misconception
is that long-term care insurance will only pay for care in a nursing home
• In fact, your daily benefit can be used for in-home nursing care
• So, long-term care insurance can actually keep you out of a nursing home
![Page 3: Long term care ss july 2014](https://reader034.vdocuments.site/reader034/viewer/2022051815/53f894de8d7f7253318b46f5/html5/thumbnails/3.jpg)
2. Occupational, speech, physical, and rehabilitation therapy
• If you elect in-home care, your daily benefit can be used to pay for these specialists
![Page 4: Long term care ss july 2014](https://reader034.vdocuments.site/reader034/viewer/2022051815/53f894de8d7f7253318b46f5/html5/thumbnails/4.jpg)
3. Help with personal care• Your benefit can
also be used to hire help with personal care activities, such as– Bathing– Dressing– Cleaning– Cooking
![Page 5: Long term care ss july 2014](https://reader034.vdocuments.site/reader034/viewer/2022051815/53f894de8d7f7253318b46f5/html5/thumbnails/5.jpg)
4. Adult “day care”• Also known as “adult
day services”• Most centers operate
for 10-12 hours per day
• Provide health, nutritional, and social services, as well as group activities (like exercise)
Wikipedia/ Tim Ross
![Page 6: Long term care ss july 2014](https://reader034.vdocuments.site/reader034/viewer/2022051815/53f894de8d7f7253318b46f5/html5/thumbnails/6.jpg)
5. Hospice care• For chronically and
terminally ill patients, long-term care insurance can be used for hospice care
wikipedia/ angusmclellan
![Page 7: Long term care ss july 2014](https://reader034.vdocuments.site/reader034/viewer/2022051815/53f894de8d7f7253318b46f5/html5/thumbnails/7.jpg)
6. Respite care• Respite care provides
short-term breaks for family members caring for relatives
• Has been shown to be good for the well being of family members, as well as a positive experience for the patient
• Long-term care insurance can be used for respite caregiver Flickr/ Fairfax County
![Page 8: Long term care ss july 2014](https://reader034.vdocuments.site/reader034/viewer/2022051815/53f894de8d7f7253318b46f5/html5/thumbnails/8.jpg)
7. Alzheimer’s care facilities
• Long-term care insurance can be used to pay for a specialized living facility for Alzheimer’s patients
Wikipedia/ 7mike5000
![Page 9: Long term care ss july 2014](https://reader034.vdocuments.site/reader034/viewer/2022051815/53f894de8d7f7253318b46f5/html5/thumbnails/9.jpg)
8. Assisted living facilities• For seniors capable of
independent living with some assistance, long-term care insurance can pay for an assisted living facility
• Services include– Meals– Housekeeping– Laundry– Health/exercise programs– Transportation– Social activities Flickr/ Michael D Martin
![Page 10: Long term care ss july 2014](https://reader034.vdocuments.site/reader034/viewer/2022051815/53f894de8d7f7253318b46f5/html5/thumbnails/10.jpg)
9. Nursing homes• Finally, long-term
care insurance was created to help pay for a nursing home, and can still do so
• Nursing homes provide continual nursing care for individuals who can’t care for themselves
Flickr/ Stephen Craven
![Page 11: Long term care ss july 2014](https://reader034.vdocuments.site/reader034/viewer/2022051815/53f894de8d7f7253318b46f5/html5/thumbnails/11.jpg)
How to get more income during retirement