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(770) 851-6906 Office

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4004 Powder Springs Rd

Powder Springs, GA  30127

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SHORT-TERM NURSING FACILITY PLANS

Why a Short-Stay Nursing Home Insurance Plan?

 

Many of us, a projected 70% of Americans over the age of 65, will need some type of long term care services at some point during our lifetime.  This becomes more likely as we age.  Not only is the cost of this care expensive but many of us may not be able to afford to purchase comprehensive long term care insurance protection to cover this need.   A Short Term Nursing Home Plan helps protect against this financial risk.

 

With this simple but innovative policy, you can help protect you and your family from the financial risk of a nursing home stay of less than one year.  Here are just a few reasons why you may need this type of policy:

 

  • Provides you with up to 350 days of protection (in addition to what Medicare or other coverage provides). That's up to $105,000 of benefits (at $300/day)!

  • Provides reasonably priced protection.

  • Provides extra benefits for coverage you may have that has not kept up with local care costs.

  • Provides benefits to cover elimination periods on an existing LTCI plan.

  • Provides daily benefits to cover the 90 day eligibility requirement of "Tax Qualified" long term care insurance policies

 

Benefits:

 

Short Term Nursing Home Plans are designed to provide your choice of coverage for some or all of a short term nursing home stay of up to 350 days.  Everyone's personal financial situation is different.  It offers you the options to design a plan of coverage that will fit your individual budget.  You can purchase the maximum coverage or keep the cost lower by adding an elimination period.  Either way, you make the choice that is right for you and your family.

 

  • You can choose a daily cash benefit from $50/day to $300/day (depending on age) in $10 increments.

  • You can choose a benefit period of 100 days, 150 days, 200 days, 250 days, 300 days or 350 days.

  • You choose an elimination period of 0 days, 30 days or 90 days.

 

You qualify for benefits if:

  • You cannot perform two or more of six ADLs (Activities of Daily Living); or

  • You have a cognitive impairment (such as Dementia or Alzheimer's disease).

 

Your plan is guaranteed renewable as long as you to pay your premiums on time.