Without the C.L.A.S.S. Act in Effect, Who Should Californians Turn to for Long Term Care insurance Information? The California Partnership of Long Term Care
Beaumont California News Press Release
Beaumont, California (PRWEB) January 17, 2012
The California Partnership for Long Term Care is an innovative program established in 1994 and is endorsed by the California Medical Association, California Commission on Aging and the California Department of Health Care Services. The Partnership was designed to help Californians navigate long term care issues, but the state and CPLTC do not sell LTC insurance policies personally. They cooperate with a select number of private insurance companies which have met special standards set by the Partnership and the state to offer high quality insurance policies that uniquely fit the buyer’s needs. Each policy is developed to protect the buyer and their families from the ravaging costs and hardships that are often associated with long term care.
“Two out of three Californians will need long term care.” (Source: California Partnership of Long Term Care. “Are You Ready?: Tackling Long-Term Care.” 2012) A buyer of a ltc policy has many choices when opting for a long term care insurance policy, such as the length of coverage desired (from 1 year to a lifetime), amount of coverage, and which policy they see fit. Two types of long term care partnership policies include comprehensive or facility-only. A comprehensive policy covers care in a facility and/or care received at home, or just in the facility. A facility-only policy covers care in a facility, such as a nursing home or a residential care facility. “Nursing home costs in California average about $ 230 a day in 2010. Of those who enter a nursing home, 44% will remain longer than five years.” (Source: A Long-Term Solution to a Medicaid Problem, National Center for Policy Analysis, Nov. 17, 1995)
As a health care provider for the past 20 years, Robert Cardona Long Term Care Insurance Solutions Inc. would be honored to serve as the agent of choice for the consideration of the appropriate LTC product to meet every individual’s needs. It is Robert Cardona LTC Insurance Solutions Inc.’s sincere desire to assist clients in planning for in-home custodial/ hospice care in accordance with the philosophy of occupational therapy and to promote self-esteem through emotional and physical well being throughout all of the human experience.
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