{"id":7623,"date":"2016-04-29T10:25:42","date_gmt":"2016-04-29T14:25:42","guid":{"rendered":"http:\/\/www.nchealthplans.com\/news\/?p=7623"},"modified":"2016-04-18T12:13:24","modified_gmt":"2016-04-18T16:13:24","slug":"ltc-premiums-on-the-rise-a-home-health-care-policy-could-be-the-answer","status":"publish","type":"post","link":"https:\/\/www.nchealthplans.com\/news\/2016\/04\/ltc-premiums-on-the-rise-a-home-health-care-policy-could-be-the-answer\/","title":{"rendered":"LTC Premiums on the Rise – A Home Health Care Policy Could be the Answer"},"content":{"rendered":"

\"ElderlyThe NC health insurance market <\/a>is changing, causing consumers to look for new ways to make sure their health care needs are met at a price they can afford.\u00a0 For instance, there has been a\u00a0marked decrease\u00a0in 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.\u00a0 In fact, according to the American Association for Long-Term Care Insurance<\/a>\u00a0the average cost of\u00a0LTC 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.<\/p>\n

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.\u00a0 Because people\u00a0are living\u00a0well into their 80’s and 90’s, the possibility of needing a long-term\u00a0care policy is greatly increasing; however, affordability has become a huge problem.\u00a0 Many people are looking for other options.<\/a><\/p>\n

One inexpensive alternative to long-term care is a Home Health Care policy<\/a>.\u00a0 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.\u00a0 Although not designed to completely replace\u00a0a Long-Term Care policy, Home Health Care policies are a viable option for people who simply cannot afford LTC insurance.\u00a0 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.\u00a0 The benefits are paid directly to you and in addition to any other health insurance you may have.<\/p>\n

As we age, it becomes increasingly important to make sure we are covered in case of an unexpected accident or chronic illness.\u00a0 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.\u00a0 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.<\/p>\n

For more information on North Carolina insurance coverage, please visit our website at www.nchealthplans.com <\/a>or call our toll free number 888-765-5400 and speak with one of our experienced and professional agents.<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

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.\u00a0 For instance, there has been a\u00a0marked decrease\u00a0in the public’s interest in long-term care insurance over the last few years and there are many reasons for the […]<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[885],"tags":[877,879,886,38],"class_list":["post-7623","post","type-post","status-publish","format-standard","hentry","category-home-health-care","tag-home-health-care","tag-long-term-health-care","tag-ltc-policy","tag-nc-health-insurance"],"_links":{"self":[{"href":"https:\/\/www.nchealthplans.com\/news\/wp-json\/wp\/v2\/posts\/7623","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nchealthplans.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nchealthplans.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nchealthplans.com\/news\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nchealthplans.com\/news\/wp-json\/wp\/v2\/comments?post=7623"}],"version-history":[{"count":9,"href":"https:\/\/www.nchealthplans.com\/news\/wp-json\/wp\/v2\/posts\/7623\/revisions"}],"predecessor-version":[{"id":7635,"href":"https:\/\/www.nchealthplans.com\/news\/wp-json\/wp\/v2\/posts\/7623\/revisions\/7635"}],"wp:attachment":[{"href":"https:\/\/www.nchealthplans.com\/news\/wp-json\/wp\/v2\/media?parent=7623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nchealthplans.com\/news\/wp-json\/wp\/v2\/categories?post=7623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nchealthplans.com\/news\/wp-json\/wp\/v2\/tags?post=7623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}