Archive for the "Insurance" Category

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Necessity of Underinsured Driver Cover

As anticipated a few individuals may think that since the rules demand motorists to have insurance for the losses they may bring to other drivers, possesions or pedestrians, most motorists have such coverage. Unfortunately it is not the position and as much as twenty percentage point of motorists might not have at all or satisfactory […]

Understanding Medicaid Eligibility

Being healthy is important. But, let’s face it, we can’t be healthy forever. There will surely come a day we’ll need additional care not only from people who care about us but from those who are professional and skilled enough to aid care at all time. But what if you are amongst those people who […]

Long Term Care Policies and their Benefits

Every state in the US has developed their own partnership programs as an answer to the increasing number of elderly citizens and the growing demand for long term care. As a vehicle for encouraging consumers to invest in LTC insurance, LTC policies are also developed with underlying benefits aiding policyholders with the costs of long […]

Long Term Care Partnership Program

According to the American Health Care Association, the Long Term Care Partnership Program is a public-private partnership between states and private insurance companies, designed to reduce Medicaid expenditures by delaying or eliminating the need for some people to rely on Medicaid to pay for LTC services. It uses the term assets to denote savings and […]

Inflation Protection

Inflation protection is one of the benefits being offered by long term care policies which hold that benefits will increase by some designated amount over time. It serves as a key selling point for consumers interested in purchasing private LTC coverage. Under the DRA, policies which offer inflation protection provide compound annual inflation protection to […]