LONG TERM CARE INSURANCE

Long term care insurance pays for long term custodial health care services. It's a funding source that pays for your plan by providing a steady daily or monthly income for a certain period of time to keep you safe at home, and protect your assets. Many different options and choices here ; traditional, asset based, State/Government partnership plans. This the most cost effective way to pay for care even if the premiums seem high. In most cases your total premiums will almost never cost more that 3 -4 months in a nursing home. It's also important to understand how Long term care insurance effects VA benefits, and how you can use them both to your advantage.