Long-Term Care: Reassurance When Living in the "Now"

"Anna" lives in an assisted-living facility and has four children whom she does not remember well. Anna's long-term care insurance will pay for the assisted-living facility for the rest of her life, since she purchased a policy with "lifetime" benefits. "Dan's"...

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Bibliographic Details
Published inLIMRA's MarketFacts Quarterly Vol. 25; no. 4; p. 32
Main Author Palma, James G
Format Trade Publication Article
LanguageEnglish
Published Hartford LIMRA International 01.10.2006
Subjects
Alzheimer's disease
Anniversaries
Client relationships
Dementia
Families & family life
Insurance policies
Long term care insurance
Long term health care
Market strategy
Memory
Personal selling
Professionals
United States > US
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Summary:"Anna" lives in an assisted-living facility and has four children whom she does not remember well. Anna's long-term care insurance will pay for the assisted-living facility for the rest of her life, since she purchased a policy with "lifetime" benefits. "Dan's" memory was failing during the celebration of his 50th wedding anniversary. His children are appreciative that their parents have had sufficient financial resources to pay for home care. Several years back, "Mildred" was evaluated to ascertain whether she suffered from Alzheimer's disease. She was shuttled from one nursing home to another before it was determined that Mildred had been misdiagnosed. Instead, she had a less common form of dementia called frontotemporal dementia. If Mildred's proper diagnosis had been known sooner, it would have enabled the family and her physician to select a facility equipped to handle her needs sooner. Long-term care insurance not only helps pay for care, it also provides for a nurse or social worker to be available to assist with home care options.
ISSN:1535-4040