(精选)【医学英文课件】 Long-Term Care Insurance教学课件.pptVIP

Long-Term Care Insurance;What is Long-Term Care?;THE RISK FOR LONG-TERM CARE;THE COST OF LONG-TERM CARE;Who Pays for Long-Term Care?;WHY LONG-TERM CARE INSURANCE?;(1) Risk is high (2) Cost is high (3) MediCARE and health insurance do not pay for long-term care (4) While MedicAID pays for long-term care, you have to be poor and eligibility rules are restrictive (5) Partnership for Long-Term Care;;PARTNERSHIP CHECKLIST; State Endorsement;How Asset Protection Works;;Medicaid Asset Protection;Must Reside In CT (or any reciprocal state*) ;Reciprocity Compact;Use of Nursing Facility and Home Care* ;Greater Affordability; Strict Consumer Standards;Extensive care management services must be part of the home care benefit Assessment Plan of Care Coordination of Services Monitoring of Services. ;Minimum Daily Benefit Amount;4. Must provide automatic, compounded inflation protection on an annual basis without increases in premium.;Must offer shorter term coverage to those in danger of lapsing policy Producers complete special training.;Guaranteed Discount;Premiums;Factors that Affect Premiums:;How long has the insurance company sold LTC insurance? How many LTC policyholders do they have? Requested rate increases in CT or other states? If yes, what range? Rate increases approved? Where, and how much? Of new claimants submitting claims to start claim process, what % paid?;Easy to read publications Trained staff and volunteers for individual assistance Toll-free number to access services (1-800-547-3443) Website – ;;:  *Additional Notes and References: Page # 6, Must Reside in CT (or any reciprocal state): The CT Partnership is a program for CT residents. Therefore, applicants must have a CT address (other than a P.O. Box or work address), which reflects a place where they reside in CT. If an application is submitted with an out-of-state address, the application will not be processed by the carrier and will be returned to the agent. CT is a member of