What is Long Term Care Insurance, and How to Use It

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At Home Personal Care

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Jul 05, 2023

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Non-Book Market , Texas - Dallas, Collin, SE Denton & Rockwall Counties

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What is Long Term Care Insurance, and How to Use It


As some may know, paying for in-home care for seniors can be very dauting, but we are here to inform you of how your Long-Term Care Insurance can be used to pay for services. Long Term Care (LTC) is a private insurance that covers either some or all cost of residing at a nursing home, assisted living, or remaining in the comfort of your home and receiving the consistent needed care. Long Term Care refers to a host of services that aren’t covered by regular health insurance which are Activities of Daily Living (ADLs). Care includes bathing, dressing, eating, toileting, transferring (walking), and continence. Most policies will reimburse you for care giving in a variety of places such as your home, nursing home, assisted living facility, and adult day care center. Long Term Care Insurance can be expensive and may last up to 3 years or more (up to 10+ years in cases of Alzheimer’s and Dementia). The cost of a policy is based on the type and amount of services, how old you are when you buy the policy, and any optional benefits you choose. The cost can also increase for individuals who are older, have health problems, or want more benefits within their policy. It may be easier to qualify for long term care insurance through an employer sponsored program which can enhance cheaper group rates than the cost of an individual policy.

Who pays? When it comes to who pays for long term care, these policies are often paid for by the individual who purchases the policy or a family member. It’s never too early to start planning for a long-term care policy. Family members often become responsible for paying for care services when a parent or loved one cannot afford to pay for their care. Children can also transfer the risk of paying for their parents care by paying for their long-term care insurance policy. When an individual can no longer do 2 out of 6 of the ADL’s mentioned above, long term care insurance pays for services you receive from an assisted living facility, nursing home, adult day care center, and your home. Buying coverage can lead to more options and less financial pressure on your family.

         Long Term Care insurance has many different payment methods which reflect on how to pay for a caregiver/private duty home care. The disability method pays out a daily benefit amount to an eligible policyholder whether they are receiving long term care services or not. The indemnity method pays a policyholder directly in the form of a preset dollar amount regardless of the cost they incur. You can also sign up for an annuity contract with an insurance company to help pay for long-term care services. The insurance provider will send you an annuity, which is a series of regular payments made over a certain period, in exchange for a single payment or a series of payments. Long Term Care Insurance does have an elimination period which is the period during care which care costs will have to be paid for out of pocket before coverage kicks in. Some policies have a zero-day elimination period so benefits can begin immediately while others have a 60-day, 90-day, or even 120-day requirement. If a policy has a longer elimination period a considerable sum of money may still have to be paid out of pocket to begin coverage. Please keep in mind that once the elimination period ends, you will be reimbursed by your long-term care provider. If you or your loved one has an (LTC) policy and needs care, our care team can assist you with explaining your benefit coverage at no cost.

         At Home Personal Care (214)-540-4940 Home - At Home Personal Care (athomeprctexas.com)

                           Tonya Dozier, Administrator

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At Home Personal Care

Non-Medical 8330 Lyndon B Johnson Freeway, Dallas, Texas, 75243

THE LEADING PREMIERE AT HOME PROVIDER OF HOME CARE SERVICES FOR OVER 10 YEARS AT HOME PERSONAL CARE has been helping seniors and the disabled remain in the comfort of their homes for over 10 years. Founded on the notion that seniors would rather age in their own homes, the company provides assistance through qualified caregivers to allow them to remain where they are most comfortable...AT HOME. | OUR SERVICESAT HOME PERSONAL CARE exists to help our clients remain independent and in the comfort of their own home. Whether your loved one needs help with daily activities, transportation services, Alzheimer's/Dementia or post-surgical support, AT HOME PERSONAL CARE is here to help. OUR CAREGIVERS AT HOME PERSONAL CARE provides care through trained, supervised, and background screened staff to allow all to remain AT HOME. Our caregivers are experienced and compassionate about helping our clients. OUR FUNDINGAT HOME PERSONAL CARE is a private pay provider. 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I have recommended your services to all my friends in my area. I like having someone around to help me and I look forward to seeing my caregiver each day. | Howard M. Fort Worth, Texas "I have nothing but compliments for each and every one of you, and your employees. Lisa, my caregiver is the best." | Ms. Moore- Dallas, TX"As I look back, my caregiver Shirley made a special effort to have my husband dressed appropriately, even dressed to the vines for special occasions." | Mrs. Caliga- Dallas, TX"The office staff is very responsive and friendly. My caregiver is wonderful with my mom. We are blessed to have her taking care of our mom." | Ms. Zwaska- Lake Highlands, TXLove the company.......... great staff!!!! | Dominica Thompson, Dallas, TXI consider the gals in the office to be more like friends than superiors. They are truly a team of excellent players who provide superior service and are a pleasure to work with. Any issues that may arise they are willing to step up and help me handle in a timely manner.-  | Denise Laughton, McKinney, TXIt has been a joyous ride and a privilege from day one to work with all of you. Even though you were a distance in miles, it seemed as if you were right here in the office when needed. You have been a great supervisor to work for. You all have been there for us and allowed us this opportunity to assist many that were in need. | Rosie M., Mesquite, TX"I had no idea what to expect when my husband was first diagnosed with his disease and we learned that he needed in-home care to administer his overall care, due to my bad back. But from day one, the agency has made us feel so comfortable, and our caretaker is part of our family now and we could not have asked for better care and service." | Susie D., Plano, TXOur caregiver is the most wonderful caregiver Ive ever met. 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I am now able to go to dinner with my husband and feel safe and secure leaving my parents at home. Thank you again for all of the fine individuals I have met through At Home. I also want to thank all of your staff for their kind and helpful ways, answering any and all questions that I have. I have told so many others of your great services. Keep up the good work." | Peggy B. Grand Prairie, TXI want to personally thank you for taking care of my mom during her last days. It was hard enough for us to get through her passing, but you all helped out tremendously. I have a newfound respect for the care you give people. | Trish Zachowsky- Forney, TXI wish to acknowledge the awesome contributions to my mothers safety and wellbeing made by the people of At Home Personal Care. You all were able to assist us in an emergency need, and you sent a very nice caregiver to our home that same night. In fact, every caregiver who came to the house was well prepared for the unknown tasks at hand. Thank you for taking on the task and performing it in a superior manner. I never even knew that this type of service existed, or could be started so quickly. As the days passed, I was impressed with each of your caregivers as I met them. I have made sure to let the folks know at the local hospital that your agency is top care in my books. | Karen O., Lake Highlands, TXYou all helped my family and I through the many stages of elderly care. From just needing an extra hand around the house all the way to the end of live care for my father. You all selected the right caregiver for my father and his military ways, and I will definitely recommend you all to others that are in need. - Ashli B. Dallas, TXYour service was excellent and I thank you and all your caretakers and for their courtesy, promptness and dependability. The ladies were so attentive and are very caring, to the point of me no longer needing them. 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