Long Term Care Insurance in Charlotte, NC Can Help Cover Home Care Costs
Find help with financing; many of our in home care services are covered by long term care insurance providers in the Charlotte, NC area
Comfort Keepers is a leader in home care services in Charlotte, NC. Many seniors will struggle with certain daily living tasks as they age, yet they are not ready to give up their independence. With our help, seniors can receive the care and assistance they require right from the comfort of home. For many families, paying for home care is a difficult decision. Especially if their senior family member has not financed for this predicament. Fortunately, many of our services are covered by long term care insurance. Although it can be expensive, this is often an optimal solution because care costs will continue to increase as your loved one ages, and it is not suggested to pay from their own personal savings or other assets. To learn more, call us at (704) 980-7620.
We work with the following insurance providers, and more:
- Bankers Life
- Mutual of Omaha
- New York Life
- Northwestern Mutual
- Dearborn National
- Penn Treaty
- John Hancock
- Pacific Life
Long term care insurance comes in many forms in terms of coverage. There are specific plans for which care is required, such as insurance for Alzheimer’s or dementia care. Other plans are more generalized. It is recommended to research what is covered and what is excluded in your chosen policy. Once these initial decisions are made your family will be relieved of much of their stress concerning finances, as the risk of financial ruin due to unforeseen health crisis will be eliminated once covered under insurance.
Factors to consider about insurance
It's important to remember that long-term insurance coverage won't kick in right away. There is normally an elimination period or a waiting period with these policies. Care expenditures may have to be paid for a few months before benefits kick in, although longer wait periods result in reduced rates. Premiums that fluctuate owing to inflation should be considered. Consider purchasing a policy that includes inflation protection so that you can budget for and plan for your home care requirements in a more consistent manner.
Contact us with insurance questions
To learn more about long term care insurance options and whether your care will be covered, please get in touch with our office in Charlotte, NC today. We stand by eager to help so you understand what is available to you.