ONTARIO, Calif., Aug. 10 /PRNewswire/ -- With baby boomers turning 60
this year, there is increased awareness of the need for Long Term Care
insurance, according to Frank N. Darras, the nation's leading disability
and long term care insurance lawyer.
(Photo: http://www.newscom.com/cgi-bin/prnh/20051003/NYM081 )
"Understanding this relatively new product includes learning its
benefits for skilled, intermediate and custodial care," Darras says. See
http://www.sbd-law.com .
Darras describes three benefit categories as:
-- Skilled care -- must be prescribed by a doctor, delivered by a
registered nurse and available 24 hours a day
-- Intermediate care -- refers to occasional nursing and rehabilitative
care under the supervision of skilled medical personnel
-- Custodial care -- involves assistance with the activities of daily
living (ADLs), such as bathing or eating that can be provided by someone
without medical skills and is usually provided in residential care homes or
to individuals in their own homes
"Look for policies that pay for all three categories including care by
non-professionals, such as family members or friends," Darras says. "These
are the policies that get the most use."
Understand that there are two ways benefits are paid, either on an
"indemnity" or "reimbursement" basis.
With an indemnity policy, the insured is paid the daily or monthly
benefit regardless of the actual charges, Darras says.
A reimbursement policy will not pay more than the actual charge,
regardless of the maximum daily benefit amount. Any unused portion may be
carried over from one period to the next.
"Choose your LTC insurance carrier wisely and do plenty of research. If
your insurance carrier goes out of business, when you need the coverage
most, those around you suffer and must go without," says Darras.
"It is vital to get competent, reliable advice and a sound second
opinion so that you and your family are protected. Your family's financial
future should rest easy with the security of your well-researched
decisions."
For more information see http://www.sbd-law.com .
SOURCE Frank N. Darras; McDavid Public Relations
 back to top
Related links:
http://www.sbd-law.com
Photo Notes:
NewsCom: http://www.newscom.com/cgi-bin/prnh/20051003/NYM081
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
CONTACT:
Robin Nolan, +1-650-279-9512, or
robin@mcdavidpr.com
|
