“New Program Can Cover Up to 50 Weeks of Home Care”

 

“New Program Can Cover Up to 50 Weeks of Home Care,” by Allison Bell, ThinkAdvisor

Quote:

“The product can pay $400 to $1,200 per week for care. HCG Brokerage is offering the program to people ages 35 through 84 through a simplified underwriting process. HCG says the applicant acceptance rate is over 85%.”

 

LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform:

I recall when we were dubious of home care only plans. Now it seems that’s what consumers want most. Still the question remains. What’s more important to insure: the small risk of a catastrophic LTC loss or the near certainty of needing some home care?