Sometimes it seems like the health insurance market becomes more complicated by the day. The variety of plans available is astounding, yet choosing just one often does not provide adequate coverage during a serious health emergency. Most traditional health care plans offer very limited coverage for disabilities. Paradoxically, even disability insurance only covers those who have purchased it for a short period of time after the accident or illness occurs. Those who are concerned about the long-term future of their medical care need to purchase an additional policy that provides for Long Term Care in Macon GA. These policies typically become effective six months after the disabling condition is diagnosed, just as short-term disability insurance plans run out.
Having an insurance plan that can provide for comprehensive long-term care can help to protect the insured person’s assets should a serious disability prevent him or her from earning income for a long period of time. Many patients end up paying out-of-pocket for long-term medical expenses, leaving them and their families in a vulnerable position.
Long term care insurance will cover services in patient’s homes, assisted living facilities, nursing homes, or other settings. This can remove the burden of care from family members, who will be free to enjoy their time with their loved ones instead of worrying constantly about paying bills and making it to doctor’s appointments on time. Typically physical, occupational, rehabilitation, and speech therapies are also covered, as are both skilled nursing care and the help offered by personal care aides. It can be hard to admit the possibility of needing this type of comprehensive care in the future, but having an insurance plan that will finance it can remove much of the stress from both patients and their loved ones.
Of course, not everyone wants or needs insurance that covers Long Term Care in Macon GA. The premiums are fairly high, which can sometimes place an undue financial burden the whole family. As a rule of thumb most people only purchase long-term care insurance if the monthly premium amounts to 7% or less of their monthly income. The experienced agents at Stone Insurance Agency Inc. can help clients find the policy that is right for them. Visit the Website for more information today.
