Quality Benefit Solutions, LLC

Short Term Recovery Care

Many people believe that once they have Medicare, a Medicare Advantage Plan or a Medicare Supplement Plan, that they have Stop-Loss protection.  However, this is not necessarily true.  

Do you have Long Term Care Insurance?  If so, you could be protected.  If not, here are somethings you should consider.

What happens when you are relying on someone to take care of you?  Do you have resources to cover an extended stay in a facility or home health care?  Can your children afford these expense or take care of you? 

It's hard to admit, but as you age, you are more likely to have a hip knee or back problems.  You also have a bigger risk for heart attack or stroke.  Extended care is usually needed in these situations.

Medicare DOES NOT PAY FOR: 

• Nursing Facilities Private Room *$275/Day, Semi-Private Room *$245/Day
• Assisted Living Facility Care  *$132/Day
• Home Health Care *$138/Day
• Adult Day Care  *$72/Day

* National Average Cost 2018 - https://www.genworth.com/aging-and-you/finances/costofcare.html

Skilled Nursing Facility Charges - Medicare Pays

Days 1-20 - You pay $0

Days 21 - 100 - You pay $170.50/Day (May be less depending on your health care plan)

Days 101+ You pay 100%!

Cost varies based on age, elimination period, per day benefit and lifetime maximum days.  However you can gain some protection for as little as $50/month.  Underwriting is One class rate, no family history question and cause of disability, if disabled.  Applicants with that are insulin dependent diabetics, will be declined.  Contact us for a quote.