Long Term Care Health Insurance Benefit

I has discussed about the long term care health insurance importance in the earlier post. Include the exact time to buy. In this post I will discuss about the long term care health insurance benefit. And tips to get it.

There are three kinds of financial benefit that could be obtained from the long term care health insurance policy :

1. Long term care as a result of suffering the defect
2. Long term care resulting from the critical illness (dread disease coverage)
3. Long term care in the old age.

Long term care for you, that caused by accident that result in the total defect. As a result you could not work accordance with the background of your education and work experience. You also could not get other work to earn income. The benefit of the long term care health insurance also obtained by you when being criticised partly. If you suffered the total defect then you will get the appropriate benefit that was sealed in the policy of your long term care health insurance. When your health improved in stages, you will accept the benefit some reasonably.

The long term care benefit usually in the form of the additional insurance (rider) resulting from the critical illness (dread disease coverage). The policy of this addition gave the protection for you towards the critical illness like stroke, kidney, heart attack, osteoporosis, the illness of artery blood vessels, pulmonary disease, paralis, and blind. When you diagnosed one of the illnesses, claimed money will be paid and could be immediately used to pay the treatment of your health. You could get the emergency fund without disrupting the revenue. If you gradually recovered, the long term care health insurance benefit that was paid will not be withdrawn by the insurance company.

The treatment cost in the hospital or home (nursing homes). In the old age, there a big possibility you will need the treatment of the long term care health and help from the other person to carry out the activity of the days. Because of that the policy of long term care health insurance could accomodate these benefit. The cost for the treatment in the home already covered by this health insurance policy, including the service and the treatment to satisfy your requirement for social, medical, and psychological.

Generally you will get benefit from long term care health insurance policy as the treatment from the doctor, nurse and paramedic from the hospital with certain qualification. Because of the intensity and comprehensive of this service, in realisation there are need quite big cost some case. As the reference, the house treatment cost for old people in the USA around USD 60.000 / year.

Tips for you. To get the long term care health insurance policy and its benefit, you could be connected with the professional health insurance agency. You could ask for the recommendation from the workmate or relatives who had been connected with the health insurance agency. After getting the recommendation make sure that the agency had the certificate / licence in accordance with the provisions of the current government.

Several questions that must be forward. Did the agency understand the details of the long term care health insurance benefit? Does the company he worked had the special program for the long term care health insurance protection? Was there are kind of the insurance product that could be matched to satisfy this requirement?

In the process of the health insurance program requirement and recommendation analysis, you could ask to the agency to explain several options of the health insurance program. Afterwards discuss the health insurance program and its benefit that most agreed with your requirement. Fill all applications of the insurance request thoroughly and truly. You must confirm that all information that you gave are accurate. At the first time of premium payment, you better paid directly to the account of the insurance company. Avoid payment in cash through the insurance agency.

When being available you better choose the long term care health insurance that filled the criterion

1. had facilities that enable you to reduce the number of the health insurance protection benefit when at one time you could not pay the premium that was planned.
2. As well as possible the policy that you bought had the period “free look”. This aim so that you could reconsider the decision towards this policy and you could be still cancelling as well as getting again your money when the policy was not in accordance with the requirement.

After the insurance policy rose, immediately read and understand the contents of the policy. Confirm that all the policies contained the benefit of the insurance that was needed by you. Don't discouraged when finding matters that you not understand. Don't hesitated to ask for information from the insurance agency so as you could understand your policy clearly. Don't forget to always reconsider the policy of your health insurance periodically so that the benefit of the long term care health insurance still agrees with your requirement. When the change happening discuss it with the insurance agency that sold this policy. Care and precision when buying the long term care health insurance policy is critical to maximed the protection that obtained by you as the long term care benefit.