Long Term Care Archives - Long Term Assurance

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

Comments Off

Does Medicare Cover Long-Term Care?
Gallery
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 [...]

Comments Off

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.