Long Term Health Care Insurance – Benefits, Companies and Metlife Long Term Care

Long term health care insurance is a specific type of health insurance that Americans who need long term care can avail of offered by services such as Metlife long term care. By definition, those who need long term care are people who are not really sick; these are people who are not capable of doing basic activities and routines on their own any longer. This would include bathing, eating, dressing, walking, and so on. Most of the time, this is experienced by those who are already over 65. In fact, more than 60 percent of those who are aged 65 and above need long term care. However, there is a small percentage of people who need long term care but are still under 64. Sometimes, needing long term care can be caused by a serious illness that incapacitates a person.

Long term health care insurance is designed to cover health expenses that go towards paying for long term care. People who need long term care can seek it from adult daycare centers, respite care, hospice care, nursing homes, assisted living services, or home care. Home care is when a caregiver is tasked to stay with the individual and provide care and assistance at all times. A long term care insurance plan can shoulder the cost of paying for the caregiver.

Are you looking for a long term health insurance plan? Here are some leads.

The Best Sources of Long Term Health Care Insurance Including Metlife Long Term Care

  • MetLife Long Term Care
  • Genworth Long Term Care
  • New York Life Long Term Care

1. MetLife Long Term Care

MetLife is a familiar name in the insurance business. It is a reliable provider of life insurance, disability insurance, auto and home insurance, dental insurance, and so on. One of its many offers is the long term health care insurance. As a leader in the field of insurance, it would be safe to assume that MetLife has quite enough knowledge of people’s special needs, and this has enabled the company to come up with a great plan for seniors in need of long term care.

MetLife offers several options and features to fit different needs and budgets. They also offer individual long term care plans and employer sponsored long term care plans. Not only does MetLife help individuals pay for long term care; they also help protect people’s savings and hard-earned investments. The offers of MetLife are widely offered in most states.

2. Genworth Long Term Care

Genworth Financial is a well-known carrier of life insurance policies in the country. Its history takes it back to 1871. Now, the company has managed to strategize its continuous growth, building confidence and support from members. Genworth is now a highly stable provider of insurance products, including several beneficial products for seniors such as Medicare supplement plans and long term health care insurance. They offer traditional long term care plans as well as group long term care plans.

The plans offer coverage for nursing home care, adult day care, hospice care, personal and home health aides, homemaker services, and assisted living facilities to make sure seniors get the care they need.

3. New York Life Long Term Care

New York Life long term health care insurance is a newly introduced product, but is now available in most states thanks to New York Life. The long term care plan offered by New York Life pays for skilled care, intermediate care, custodial care, home health care, nursing home care, and so on. These are all geared towards providing proper care for seniors without causing financial troubles.

Benefits of Long Term Health Care Insurance  – Why Seek it?

Having long term health care insurance can help individuals not be dependent on their children or relatives. A lot of individuals do not want to burden their families especially in the financial sense. However, long term care can be expensive, especially since it’s not an occasional need. It is a constant need. Thus, a long term care coverage can allow you to pay for long term care without worries.

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