Long Term Care

Convenient Access to LTC Pharmacies

jwilliams — Wed, 09 Jan 2008 15:36:34 -0600

Recently, CMS has been made aware that Part D sponsors may not have been provided with addresses that would help them: (1) confirm that a beneficiary is institutionalized, and (2) identify the particular long-term care (LTC) facility in the sponsor’s service area in which those enrollees reside. We have also heard of difficulties associated with contracting efforts between Part D sponsors and State-operated pharmacies serving beneficiaries in institutions for mental disease (IMDs) and intermediate care facilities for the mentally retarded (ICFs-MR) designated by States as institutions.

Long Term Care Partnership

clewis — Fri, 28 Sep 2007 11:35:55 -0500

A Partnership Policy is a tax qualified long-term care insurance policy (including a certificate issued under a group insurance contract) which would result in an asset disregard equal to the amount of long term care benefits received under a Partnership Policy for the purpose of determining the policyholder's eligibility for Medicaid after the policy benefits are exhausted.

Companies Selling Long-Term Care Insurance in Nebraska 2007

clewis — Wed, 26 Sep 2007 10:43:45 -0500

Long-term care (LTC) is the largest national catastrophic health expense. It
may be defined as the kind of care an individual needs who is unable to care for
himself/herself because of a prolonged illness, disability, or cognitive disorder
(such as Alzheimer’s disease).

You can plan to cover the cost of longterm care in the future with long-term care
insurance, savings plan annuities, certain life insurance policies, and reverse
mortgages. The best way to pay for longterm care depends on your personal
finances and family circumstances.