What is Home Health Care Insurance?

Kristen Baily — Fri, 24 Jun 2016 16:44:31 +0000

A Home Health Care policy is an affordable solution that provides flexibility and financial support as you recover at home surrounded by family and friends. For as little as $12.15 monthly, a Home Health Care policy pays benefits directly to you and in addition to other NC health insurance, including Medicare. If you or a loved one has ever been faced with an accident or illness that requires skilled nursing care, physical therapy, speech therapy or other types of home health care, you know how important it is to be able to recover at home comfortably and free of financial stress.

Perhaps you have aging parents and are concerned how a sudden illness or unforseen accident might affect your ability to care for them without having to admit them into a nursing home or assisted living facility. Or maybe it’s you or your spouse that could possibly need at home health care. Either way, a Home Health Care policy can help.

This policy will provide a daily benefit up to $300 and includes a prescription drug benefit up to $600 annually. In addition, you can receive $150 paid back directly to you simply for getting your annual physical. For individuals over age 65, there are no waiting periods for preexisting conditions and this policy can be in effect almost immediately. Even for those under the age of 65, the waiting period for preexisting conditions is minimal (6 months).

For more information on North Carolina insurance coverage, please visit our website at www.nchealthplans.com or call our toll free number 888-765-5400 and speak with one of our experienced and professional agents.

LTC Premiums on the Rise – A Home Health Care Policy Could be the Answer

Kristen Baily — Fri, 29 Apr 2016 14:25:42 +0000

The NC health insurance market is changing, causing consumers to look for new ways to make sure their health care needs are met at a price they can afford. For instance, there has been a marked decrease in the public’s interest in long-term care insurance over the last few years and there are many reasons for the decline. Due to more and also more expensive claims, as well as the waning economy over the last few years and the impact that has had on insurance companies, the premiums for long-term care policies have spiked, making them unaffordable for many consumers. In fact, according to the American Association for Long-Term Care Insurance the average cost of LTC insurance premiums can be as high as $3500 annually and for people living on a fixed income, that becomes difficult, if not impossible, to afford.

For this reason, only about 8 million Americans have long-term care insurance, despite the fact that there are around 45 million Americans who are age 65 and older. Because people are living well into their 80’s and 90’s, the possibility of needing a long-term care policy is greatly increasing; however, affordability has become a huge problem. Many people are looking for other options.

One inexpensive alternative to long-term care is a Home Health Care policy. Issued by Standard Life, a Home Health Care policy pays benefits for at home care up to $300 daily, plus a prescription drug benefit, with premiums starting as low as $12.15 a month. Although not designed to completely replace a Long-Term Care policy, Home Health Care policies are a viable option for people who simply cannot afford LTC insurance. The benefits of a Home Health Care policy allow you the freedom to recover at home and can help you afford certain necessities that come with convalescence. The benefits are paid directly to you and in addition to any other health insurance you may have.

As we age, it becomes increasingly important to make sure we are covered in case of an unexpected accident or chronic illness. If you or a loved one has ever required at home care for physical therapy, chemotherapy or other medical services, you know that having the resources you need to recuperate in the comfort of your own home is priceless. A Home Health Care policy is an inexpensive alternative to traditional long-term care insurance and may be just the solution you are looking for.

Home Health Care – NCHealthPlans.com Health News

What is Home Health Care Insurance?

LTC Premiums on the Rise – A Home Health Care Policy Could be the Answer