Long Term Assurance, Author at Long Term Assurance

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So far Long Term Assurance has created 6 blog entries.

What is commingling money and how should you pay bills while in the process of applying for benefits?

By Long Term Assurance|2023-02-27T13:08:35-07:00February 27th, 2023|Long Term Care|

When you are applying for government benefits it is very important that you do not commingle funds that belong to the applicant with another person’s money. The applicant should pay for as much of their living expenses as they can from their own account and directly to the creditor. If a bill cannot be paid-in-full from the applicant’s funds and someone else is planning to pay the difference they should always pay directly to the creditor. They should not give funds to the applicant. While [...]

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10 Things You Can Do to Help Veterans During the Holidays
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10 Things You Can Do to Help Veterans During the Holidays

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10 Things You Can Do to Help Veterans During the Holidays

By Long Term Assurance|2019-12-16T21:02:14-07:00November 25th, 2019|veterans|

Military veterans face challenges during the holidays. These challenges come in many forms. For some, it could be unemployment and homelessness. For others, it could be physical handicaps or relationships with others and themselves. Whether or not you have served or know someone who has, there are things you can do to help. Giving can also come in many forms. You can donate items, money, or your skills and time. Every contribution counts. Even if it seems small, it could mean the world to one [...]

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Paying for Long-Term Care: Are You Eligible for Veteran’s Aid & Attendance Benefits?
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Paying for Long-Term Care: Are You Eligible for Veteran’s Aid & Attendance Benefits?

Long Term Care

Paying for Long-Term Care: Are You Eligible for Veteran’s Aid & Attendance Benefits?

By Long Term Assurance|2019-10-03T17:26:55-07:00October 3rd, 2019|Long Term Care|

Paying for long-term care is an intimidating concept for many veterans who are beyond their working years. Around 7.3% of adults in the United States were military veterans in 2017. They tend to have a greater need for assisted living and healthcare services due to the strenuous and stressful nature of their jobs. A greater need also means that they usually paid higher insurance rates compared to those with non-military careers. A survey conducted in 2018 found that only 7% of veterans who responded felt [...]

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Medicaid in Arizona: What Are Your AHCCCS Benefits?
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Medicaid in Arizona: What Are Your AHCCCS Benefits?

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Medicaid in Arizona: What Are Your AHCCCS Benefits?

By Long Term Assurance|2019-05-10T17:59:07-07:00May 10th, 2019|Uncategorized|

Like many states, Medicaid in Arizona goes by a different name. For example, California calls its Medicaid program Medi-Cal while in Massachusetts it's MassHealth. In Arizona, Medicaid goes by the name AHCCCS. Pronounced "access" by most people, AHCCCS stands for Arizona Health Care Cost Containment System. Arizona was the last state in the union to implement a Medicaid program, holding out until 1982. In this post, we describe how Medicaid works in Arizona, including eligibility requirements and benefits. What Is Medicaid? Medicaid is state-run health [...]

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Does Medicare Cover Long-Term Care?
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Does Medicare Cover Long-Term Care?

Long Term Care

Does Medicare Cover Long-Term Care?

By Long Term Assurance|2018-07-30T21:21:39-07:00July 30th, 2018|Long Term Care|

Medicare is a great program that offers its beneficiaries incredible benefits, but it can’t cover everything. It wasn’t designed to. Medicare is simply health insurance for those who meet the program’s eligibility requirements. And, as with all insurance, there are limits to your coverage. Most long-term care, unfortunately, falls outside those limits, at least in terms of what we think of as long-term care. The good news is that Medicare does cover some long-term care, assuming you meet certain eligibility requirements. In this post, we [...]

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Long-Term Care 101: Everything You Need to Know
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Long-Term Care 101: Everything You Need to Know

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Long-Term Care 101: Everything You Need to Know

By Long Term Assurance|2018-06-19T22:29:54-07:00June 15th, 2018|Creative|

Across the developed world, people are living longer and longer lives. Since 1950, the number of people over the age of 60 has tripled, to 700 million in 2006. The United Nations expects that number to triple again by 2050. While this is a good thing, as it indicates improvements in health and medical care, it also impacts society in numerous and profound ways. One of these is the relatively recent need to plan for long-term care. The phrase long-term care may mean a variety [...]

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What we do

Long Term Assurance is designed to help families pay for long term care, assisted living, and nursing home care costs. With the ever increasing life expectancy, families are more and more concerned with covering those costs for their loved ones.

Veterans Aid

This is a benefit for Veterans or Surviving Spouses who meet eligibility requirements regarding (1) military service, (2) net worth limitations, (3) disabilities and level of care, and (4) income. The purpose of this benefit is to provide some financial assistance when a veteran’s (or surviving spouse’s) health declines and their medical expenses increase. When a person qualifies for this benefit, the VA considers all sources of income and deducts eligible medical expenses. The VA then supplements income to bring it up to income levels as set by Congress. read more: Veterans Aid

Medicaid Planning

Medicaid is a federal program designed to assist those who are unable to pay for healthcare. Although it’s a federal program, the actual administration happens at the state level. In Arizona, Medicaid is called Arizona Healthcare Cost Containment System (AHCCCS) and the long-term component is called Arizona Long Term Care Systems (ALTCS). While many people think of it as an insurance program for the poor, Medicaid also has a component to provide medical assistance for long-term care and skilled nursing care. Long Term Assurance can provide assistance in navigating this program. Learn more: Medicaid Planning

FAQs

Did you know that the surviving spouse did not have to be married to the veteran at the time the veteran served? Learn More: More FAQs

I had a friend who was 90 years old and a veteran of the Pacific theater in world war 2. He was developing dementia and was in a care facility, his veterans benefits were less than 200 dollars a month. Several times persons tried to get him help without success. After contacting Long Term Assurance and contracting with them to help, providing the needed information it took less than two months to hear from the Veterans administration. The VA granted my friend almost 1300 dollars per month for his care. I have no doubt the attention to detail and professionals at Long Term Assurance were the reason there was a positive outcome. I cannot say enough about how easy it was to work with these people, they talked to me like family and guided me thru the process.

Joe P.