“Pay Attention to the Small Details When Dealing with Long-Term Care Insurers,” ElderLawAnswers
“A long-term care insurance company recently cancelled the insurance coverage of an elderly woman who accidentally wrote the wrong amount on her premium check. The case illustrates the need for policyholders to pay attention to the details. . . . Ms. Maldonado’s daughter appealed to the company to accept a late payment, but the company refused. Her mother now has dementia and no long-term care coverage. . . . Article Last Modified: 09/15/2017.”
LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):
Actually, AIG reinstated the policy in July 2017, according to Scott Olsen, CLTC. Medicaid planners don’t miss a shot to criticize LTCI insurance, but rarely acknowledge the welfare program’s faults.
Pay Attention to the Small Details When Dealing with Long-Term Care Insurers