Long Term Care – How to Qualify For a Free Or Low Cost Mobility Scooter Under Medicare Insurance
The “sandwich generation” is confronted today with the dilemma that millions of other Americans already face: how to take care of loved ones who cannot do so for themselves.
The options on how to provide long-term care come as a shock to most people who find themselves in this situation. Medicare pays only for temporary nursing home stays, and regular health insurance policies don’t cover long-term care. Medicaid does, but only if a person spends down hard-earned assets to be poor enough to qualify. Oh, and when Medicaid does kick in, it tends to be skewed toward putting someone in costly nursing homes, rather than finding ways to help people stay in their own homes and communities as long as possible.
With the number of seniors, whose insurance policies do not provide adequate benefits increasing constantly, these plans have proven to be a boon. The Medigap Plans, which are promoted as the supplementary insurance for people covered under Medicare, have provided an option of affordable health insurance to senior citizens, through which they can get the benefits which are not provided by their current health plans.
This plan would establish government-run, long-term insurance through payroll deductions. It would not be subsidized by employers, and people could opt out. After paying in for five years — with premiums of about 0 a month — people who became unable to take care of themselves would qualify for modest stipends of perhaps to a day.
That’s far below the 0-a-day average nursing home cost, but one potential benefit is that CLASS could focus Americans’ attention on long-term care issues. It might even kick-start interest in the fledgling private long-term care insurance market that provides more complete “wraparound” benefits.
However, with numerous different policies present in the market, choosing the right Medigap Plan can be quite confusing for most seniors. In this scenario it is always advisable to hire the services of an experienced insurance broker, who can guide the seniors in selecting the most cost effective Medigap insurance plan with the maximum coverage and benefits as per their requirements.
Given the history of government-run insurance programs and budgetary sleights of hand, sound long-term financing is a valid concern. CLASS might or might not be the best approach; other proposals would tweak Medicaid to help people stay at home longer, though they don’t address the need to be poor enough to qualify.
Whatever the approach, there can be little dispute that long-term care deserves as much attention as the “public option” or other flashpoints. More than 10 million people now need long-term care. That number is expected to soar as the Baby Boom generation ages and lifespan increase. The government should reward consumers who purchase long-term care insurance with substantial tax credits. By encouraging individuals to plan for their own care would take a big load off the state’s Medicaid program
Resource Author Francisco R. Higueras
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Posted in Healthcare Professionals, Healthcare Services