In Home is expensive and medical insurance will not cover long-term care. However there many other sources of funding.
Plan Life Care can work with and in many cases help you find funding for In-Home Care.
Reverse mortgages can be a very useful source of funding for long-term care. Reverse mortgages have not always had the best reputation, but there are some excellent companies out there. Plan Life Care can introduce you to the best companies and help with gathering and submitting your documentation.
Create your own Long Term Care insurance policy from your Life Insurance policy. Even if you need the care immediately. This can also have specific tax and estate advantages.
VA funding. This can used by about 25% of the population since it applies to the Vet and their spouse. Even if the local VA has said you don’t qualify, we can likely get you qualified. Plan Life Care works with accredited VA agents. We collect and submit your information and handle the whole process from start to finish. We can even help fund care while the application is in process, if you qualify. Find out more.
Traditional Long term care insurance, Plan Life Care will handle all the submissions to the LTC company, to ensure you get paid on time. We have worked with all the many LTC companies.
Hybrid and Matrix Long term care insurance, these new products have many benefits over the traditional LTC products. Plan Life Care will handle all the submissions to the LTC company, to ensure you get paid on time.
Private Pay, Plan Life Care will accept all major credit cards and checks.
Home Care Funding
When you consider that a 24hr live-in carer is less expensive than a care home, you can appreciate that the many benefits of live-in care are simply priceless.
Not to mention the benefit of a familiar surrounding and loved ones.
If you’re interested in financial support options for care, contact us to discuss.