Long Term Care Insurance in Alaska
Find out more about your long term care payment options
With help from our Comfort Keepers Home Care in Alaska, your loved one will get to stay in their own house, even when they need some assistance with everyday tasks. Our home care services include everything your parent needs for an active, fulfilled and healthy life. Caregivers can assist with meal preparation, transportation, shopping and also provide companionship. Home care providers will help your loved one keep their independence and stay in charge of their own life. Caregivers provide individualized care tailored to the needs of your loved one and your family. Home care prevents or postpones hospitalization. It is also more affordable than a nursing home or an assisted living facility. There are few options for financing long term care services.
Long term care insurance can preserve your loved one’s life savings and assets. Your loved one should choose this option only if they have a steady and significant income. Coverage can be pretty expensive so they must be careful when buying insurance. Policies vary, so your loved one should read the fine print when making a decision. Some insurances cover specific types of home care, while others cover a wide range of services. Comfort Keepers suggests consulting a financial planner before buying a policy to be sure you have factored inflation into your calculations. Be aware of what percentage of care services costs your policy covers, and be prepared that inflation will increase the costs. Many policies offer inflation protection. Some policies have an elimination period during which your parent must pay for their own care. They should know that the longer the elimination period, the lower the premium will be.
Deciding how to finance long term care services isn’t easy. We are here to help you make a decision which is best for you and your family. Call Comfort Keepers in Alaska, at (907) 885-0186 and we will answer your questions.