Long-Term Care Plan By Ron Bitz Group Long Term Care Benefits - - PowerPoint PPT Presentation

Long-Term Care Plan

By Ron Bitz Group Long Term Care Benefits Consultant

Let’s R s Revi view w What L Long-Term C m Care e Is: Is:

• Personal c

care y you

• u m

may y need du due t to:

• :
• A di

disabling i injury

• A chronic m

c medi dical condi dition

• Effect

cts o

• f agi

ging

• Cognitive i

impa pairment

• Hel

elps p peo eople with with the the es essential al Activ tivit ities o

• f

f Dail aily Livin iving g (AD (ADLs) s such as as:

• Bat

athing ing, , eat eating, ing, dres essing, c ing, cont ntinenc inence, e, t toil ileting, ing, trans ansfer erring ing

If y you

• ur l

life fe or

• r you
• ur h

health changed tom

• mor
• rrow at

your curren ent a t age… e… …Coul Could yo you a afford t these c costs?

• Home H

Heal ealth th Care A are Agen gency

• $17 t

to

• $19 a

an hou

• ur – no

no med edic ical al s ser ervic ices es

• $1

$150 an hour w with me medica cal s l service ces

• Nur

ursing Ho Home

• $2

$213. 3.82/ 82/day – that’s $ s $6,414.60/mo /month o

• r

$76, 6,975. 75.20 20/yea ear

Health Insurance – Medicare – Medicaid

• Healt

lth I Insura ranc nce – does not cover custodial care

• r maintenance level of care which is that LTC

does.

• Medic

icar are e – does not cover long term care except if you are in the hospital for at least 3 days and moved into a Skilled facility receiving medical services then will allow up to 100 days only (on average they cover about 25 days.

• Medic

icaid aid – You have to spend down assets in

• rder to qualify.

It’s long-term care insurance your way:

• Simplicity ii: True Cash Long-Term Care Plan

You rec receiv ive the m the month thly c cas ash b h ben enefit t for

• r as

s lon

• ng as

s care is s needed, up t to the C the Cas ash Ben Benefit its A Account l lim imit. it. Use the cash benefit as you choose!

Enrollment

• For all current employees, spouses and family

members will have full medical underwriting

• Only new hires and their spouse – answer “no”

to 6 medical questions and will be guaranteed a policy.

Advantages & Key Features

• Group discount
• Spousal discount
• Lock-in at rates
• Billed directly to your home or through bank deductions

and credit card

• You decide on the care setting (Family members in your
• wn home, Home Health Care, Assisted Living, Adult Day

Care, Hospice or Nursing Home)

• Helps protect assets and gives you peace of mind
• ND Partnership Plan & ND State Tax credit of $250 per

person

• Modified medical underwriting for new hires and their

spouses

How Can I Enroll?

• Complete Application:
• Paper
• Contact Ro

Ron Bitz Norid idian ian Ins Insur uranc ance S e Ser ervic ices es (70 701) 222 222-2593 1-800 800-76 767-36 3631 t 1 toll free pltc@bt btinet.n .net www.MyNISI.c I.com

• m