California Long Term Care Insurance Services
Welcome to CaliforniaLongTermCare.com! This site is dedicated to providing you with the most current information and news specifically on Long Term Care coverage in California and the California long Term Care Insurance options available to you. Through the different pages of our website you will discover valuable information on California Long Term Care Insurance facts and features. Most importantly, whenever you are ready, you can fill out our short contact form and get multiple free California Long Term Care Insurance Quotes from the top insurers in the country. We represent Mutual of Omaha, National Guardian Life, Nationwide, OneAmerica, and Thrivent.California Long Term Care Insurance Products
The main and most common solution to the need for long term care protection is Long Term Care Insurance. We are experts in providing California Long Term Care Insurance. However, not everyone qualifies for this type of insurance policy. Luckily we have found that there are other innovative solutions to help provide for long term care protection besides long term care insurance. Read More...
California Long Term Care Insurance Learning Center & Resources
LTC Insurance costs are extremely sensitive to your age and health conditions. Waiting a year to buy California Long Term Care insurance could mean as much as 12% higher premiums. There are also many other factors to consider when shopping for California Long Term Care Insurance. Within our Learning Center
and Resources pages you will learn all that you need to become educated about Long Term Care and to make an informative decision.
Please explore our website and when you are ready, fill out the short form that's available on every page of the site to request a free consultation. The Future is yours to plan, and to get your very own multiple free California Long Term Care Insurance Quotes. Quiz: How much do you really know about long-term care? Test your knowledge
- Question 1 of 8
1.
Long Term Care planning is crucial for women.
CORRECT
A healthy 65-yr old woman has a 67% chance of living to 90 and a 38% chance of living to 95. In general, women live about 5 years longer than men, and have 10 times the chance of reaching 85. 80% of Nursing Home admissions are women. The average age at admission for these women is 82. At that age, most of these women are single.
INCORRECT
Sorry, but you are wrong! Women account for 65% of all Long Term Care insurance claims. Women tend to be aware of the need for planning because they have been caregivers. Compared to men, women are confined 50% longer. 65% of all money from Long Term Care policies is paid to women.
- Question 2 of 8
2.
Providing care to a family member is a good Long Term Care plan.
- CORRECT
If you’ve ever taken care of someone for a long time then you know how tough it can be. Often, the patient is getting worse and the caregiver’s life is on hold. It can be overwhelming financially, physically and emotionally. A Long Term Care plan can help families provide care better and longer. - INCORRECT
Definitely not true! Women provide 60 – 75% of all informal (unpaid) care, which leads to depression, illness, and loss of lifetime earnings & future Social Security benefits. Caring for the chronically ill can make you chronically ill. It also affects the relations between family members since the burden rests with those nearby.
- Question 3 of 8
3.
It’s a good idea to pay for long term care out of my own pocket.
- CORRECT
Most people plan to use retirement funds for living expenses and enjoying themselves. A Long Term Care plan puts a firewall around your savings & investments. This is especially important if a couple is depending on joint funds. You can’t solve a risk problem though investing. - INCORRECT
Too big of a risk! The cost of care is often more than you expect and it continues to increase as you age. Part-time home care averages $45,000 per year. A Long Term Care policy can supplement your financial contribution. Very wealthy people often purchase Long Term Care plans because spending insurance company money is more economical.
- Question 4 of 8
4.
I can wait until I need care to get a Long Term Care plan.
- CORRECT
You can’t buy home insurance after your house catches fire. The same goes for Long Term Care insurance. You need to be in reasonably good health to qualify for coverage - INCORRECT
This is a common misconception. One out of every five people that apply for a Long Term Care policy get turned down. You don’t have to be in perfect health but waiting too long reduces the likelihood of qualifying and the premium goes up every year that you delay.
- Question 5 of 8
5.
Long Term Care always means Nursing Home Care.
- CORRECT
Over 70% of people that need care are able to stay at home or in the home of a relative or friend. They receive home care help or use adult day care services. Care in an Assisted Living Facility is the next, most common type. - INCORRECT
Not necessarily! Long Term Care plans should really be called Home Care coverage. That’s because the vast majority of people use it at home. Most of the rest get care at an Assisted Living Facility.
- Question 6 of 8
6.
Health insurance policies cover long-term care services.
- CORRECT
You are correct. Long-term care is different from the rest of your health care and is typically not covered under health insurance policies, Medicare or Medicare supplement policies. Health care plans are designed to provide coverage when you receive care from a doctor or treatment in a hospital. - INCORRECT
Afraid not! Long-term care is different from the rest of your health care and is typically not covered under health insurance policies, Medicare or Medicare supplement policies. Health care plans are designed to provide coverage when you receive care from a doctor or treatment in a hospital.
- Question 7 of 8
7.
The average lifetime length of stay in a nursing home is 3 years?
- CORRECT
You’re right! The average lifetime length of stay in a nursing home is approximately 3 years. While this depends on the individual, it helps to know the average number of years when considering long-term care insurance. - INCORRECT
The average lifetime length of stay in a nursing home is approximately 3 years. While this depends on the individual, it helps to know the average number of years when considering long-term care insurance.
- Question 8 of 8
8.
I’m in good health so it won’t happen to me.
- CORRECT
The longer you live the more likely you are to need care before you die. A 2009 study from the US Dept of Health & Human Services found that people reach 65 years of age had a 70% probability they would require some kind of Long Term Care, for an average of 3 years. - INCORRECT
Think again! If you are very healthy now you are even more likely to live a long life and need care at some point. Medical advances are allowing us to survive serious illness, but that makes us more vulnerable to old age ailments. Plus, accidents can happen at any age
