Long Term Care Guide
Long-Term Care Policy Checklist
1. What services are covered?
- Nursing home care
- Home health care
- Adult daycare
- Alternate care
- Respite care
- Other
2. How much does the policy pay per day:
- For nursing home care?
- For home health care?
- For adult daycare?
- For alternate care?
- For respite care?
- Other?
3. How long will benefits last?
- In a nursing home?
- At home?
4. Does the policy have a maximum lifetime benefit? If so, what is it?
- For nursing home care?
- For home health care?
5. Does the policy have a maximum length of coverage for each period of confinement? If so, what is it?
- For nursing home care?
- For home health care?
6. How long must I wait before preexisting conditions are covered?
7. How many days must I wait before benefits begin?
- For nursing home care?
- For home health care?
8. Are Alzheimer's disease and other organic mental and nervous disorders covered?
9. Does this policy require:
- An assessment of activities of daily living?
- An assessment of cognitive impairment?
- Physician certification of need?
A prior hospital stay for:
- Nursing home care?
- Home health care?
- A prior nursing home stay for home health care coverage?
- Other?
10.Is the policy guaranteed renewable?
11.What is the age range for enrollment?
12.Is there a waiver-of-premium provision?
- For nursing home care?
- For home health care?
13. How long must I be confined before premiums are waived?
14. Does the policy have a nonforfeiture benefit?
15. Does the policy offer an inflation adjustment feature? If so:
- What is the rate of increase?
- How often is it applied?
- For how long?
- Is there an additional cost?
16. What does the policy cost?
- Per year?
- With inflation feature
- Without inflation feature
- Per month?
- With inflation feature
- Without inflation feature
17. Is there a 30-day free look?
