Long Term Care Today!
Medicare pays very little for LTC
grinder.jpg (5021 bytes)

Long Term Care IssuesMedicare Won't Help!How D.R.G.'s can affect your Hospital stayThe ABC's of LTCRecommended Benefits10 Reasons to consider LTC Insurance

Medicare Supplement IssuesWhich is the Best Medicare Supplement?How Plan F PaysLocal Medicare-HMO'sRx Discount

ResourcesHomeReference SectionSite Map

"I thought Medicare paid for this!"

The Problem: It is estimated that Medicare pays less than 2% of all Long Term Care1. Furthermore, most nursing home residents need only Custodial care. And... Medicare will NOT pay for Custodial Care!!!

Medicare Part A will help pay towards your first 100 days in a Skilled Nursing Facility(SNF) ONLY IF...

  • You require SKILLED CARE....Medicare does NOT pay for Custodial or Intermediate care.
  • You are in the hospital for at least three days before admission into a SNF
  • The SNF is approved by Medicare (only 1 out of 5 are Medicare approved)
  • You enter the SNF for the same reason that you were hospitalized
  • Your condition is 'acute'.  Once it is termed 'chronic', Medicare stops paying!

If all of the above requirements are met... then Medicare will pay the following:

Skilled Nursing Care

 Medicare Pays You Must Pay
Day 1-20 100% -0-
Day 21-100 All but $109.50/day $109.50/day
Day 100 + Nothing! 100%

 
Long Term Care issues continued...

Medicare will NOT help much with LTC costs

DRG's cause patients to be released ASAP

ABC's of a Long Term Care insurance plan

Recommended benefits and featuresGo To Next Page

10 Reasons to consider a LTC plan now!
 

1 Journal of the American Society of CLU,ChFC9/97