|
How do I plan
for long-term care?
- Is the New York Partnership program for
me?
- How does NY
Partnership insurance work?
- Partnership policy pricing vs
non-partnership plans
- Compare prices from many companies
- Monroe County nursing home prices
- Reverse mortgages & other
non-insurance options
- LTC classes offered in the Rochester, NY
area
- Videos - literature - how to lower LTC
insurance prices
|
| Q: What do skilled nursing
facilities (i.e.
nursing homes) cost in the Rochester, NY region? |
|
| Q:
NYS Partnership policies are often called the best value in
LTC insurance; but why aren't they for everyone? |
|
| Q:
A New York State Partnership policy differs from regular LTC
insurance in several ways. The main difference is _____? |
|
| Q: Most long-term care is
given by "informal"
caregivers. What is informal care, and who is it usually
provided by? |
|
| Q: The
family relationship
that most frequently deteriorates in a
long-term care experience is between _________?
Why is that, usually? |
|
| Q: One impairment is more
often responsible for
the
decision to end informal care than any other. What is it? |
|
| Q: Home-care aids can be
either
Medicare certified, or licensed (but not certified).
What are the average costs of each in our region? |
|
| Q: Today patients in an
assisted living facility
can resemble those who used to be in nursing homes years ago.
The
reason is cost: What's the average cost of a one-bedroom unit
in an assisted living facility in the Rochester, NY region? |
|
| Q: NYS Partnership policies are said
to protect assets from the Medicaid spend down requirement.
Is income similarly protected? |
|
| Q:
Aside from cost, what's one big difference between a paid
professional caregiver and a caregiver who's a member of the family? |
|
| True
of False? Transferring financial assets to your family or
loved
ones would allow you to qualify immediately for Medicaid payment of
long-term care? |
|
| True or False?
Most long-term care occurs in nursing homes? |
|
| True
of False? NY Partnership insurance pays only for care
received in a nursing home? |
|
| True or False?
NYS Partnership policies only pay for care received within
New York State? |
|
| True
of False? If you can go to claim on your LTC coverage, it's
generally
best
to use your savings to pay for care first, keeping the insurance in
reserve? |
|
| True or False?
Medicare will pay for
my long-term care if I cannot afford to pay? |
|
| True of False? If
I'm in good health,
I can save money by postponing the purchase of LTC insurance and buying
it later on? |
|
| True
or False? My health insurance premiums keep going up each
year, and so long-term care insurance premiums must also continue to
increase? |
|
| True of False? More NYS Partnership insurance policies have been sold in
Monroe County than in any other county of the state? |
|
| True
or False? Most people who have long-term care coverage on
themselves report having experienced a long-term care event by someone
close to them before buying? |
|
An
important reminder:
This
website is provided
for informational puposes only. The information found
here or on websites referred to here, while believed to be accurate,
cannot be guaranteed, and is not to be considered as a
recommendation
to buy or to not buy any product or service. Be
sure to
consult
with
your own financial advisor, insurance specialist, tax advisor,
or
elder-law
attorney before making any planning
decision.
Intended for residents of New
York State only
|
|
