Long-Term Care Insurance
Long-Term Care Insurance Information
Long Term Care Insurance
Because of old age, mental or physical illness, or injury, some people find themselves in need of help with eating, bathing, dressing, toileting or continence, and/or transferring (e.g., getting out of a chair or out of bed). These six actions are called Activities of Daily Living–sometimes referred to as ADLs. In general, if you can’t do two or more of these activities, or if you have a cognitive impairment, you are said to need “long-term care.”
Long-term care isn’t a very helpful name for this type of situation because, for one thing, it might not last for a long time. Some people who need ADL services might need them only for a few months or less.
Many people think that long-term care is provided exclusively in a nursing home. It can be, but it can also be provided in an adult day care center, an assisted living facility, or at home.
Assistance with ADLs, called “custodial care,” may be provided in the same place as (and therefore is sometimes confused with) “skilled care.” Skilled care means medical, nursing, or rehabilitative services, including help taking medicine, undergoing testing (e.g., blood pressure), or other similar services. This distinction is important because generally Medicare and most private health insurance pays only for skilled care–not custodial care.
Frequently included in benefits offered by today’s top employers, long term care insurance has become a necessary part of a comprehensive insurance package for many employees. Of course, an employer and company are there to make a profitable business. Omega Multi Service Insurance Agency, LLC offers free quotes from a range of carriers that allow Katy companies to get the best rates that fit their business and group health plan objectives.
Extra Health Coverage
Long term care insurance provides assistance that goes beyond disability coverage when a person is unable to carry out regular daily activities following an accident or illness. Expenses for prolonged care are not always fully covered by Medicaid, or in many cases, private health insurance. Insurance for extended care ensures a reasonable quality of life in the event of a prolonged health problem and a clear reduction in financial stress.
Omega Multi Service Insurance Agency, LLC Long Term Care Programs
Unfortunately, serious illnesses or accidents can happen without warning and affect an employee’s ability to generate an income. Omega Multi Service Insurance Agency, LLC insurance specialists offer practical solutions that include a range of payment options available to employees as well as enhanced coverage that includes additional health services.
Flexible Payment Options and Other Benefits
Depending on the needs and goals of your business, long term care insurance that is offered to employees on a voluntary basis as part of a larger benefits package, also provides appealing tax benefits to employers and helps to attract top quality personnel. By offering an enhanced form of health coverage not found in basic medical or disability insurance plans, benefits can be extended to include spouses or dependents which will ultimately improve productivity allowing employees to better manage circumstances that require long term care solutions.
Consult with Omega Multi Service Insurance Agency, LLC experts to learn more about premium discounts for long term care insurance that positions you as a Katy business that genuinely cares for its employees.
We will listen attentively to your requirement and concerns, explain every option to your satisfaction and then compare possible plans so you get exactly the coverage you need.
Call for more information and a free quote.