Home Care Accounts For Half of New LTC Claims

As of December 31, 2012, 264,000 people were getting long-term care insurance benefit payments, according to a report by the American Association for Long Term Care Insurance (AALTCI). Last year, insurers paid $6.6 billion in benefits to people needing care at home, in assisted living communities, and in skilled nursing facilities, says Jesse Slome, director of AALTCI.

According to the Association, leading causes for long-term care insurance claims include Alzheimer’s disease, stroke, arthritis, and cancer. Female policyholders account for roughly two-thirds of all long-term care insurance claims and benefit dollars. Home care accounts for half of all newly opened individual insurance claims. For more information, visit www.aaltci.org.

Last Updated 9/8/2017

Arch Apple Financial Services | Individual & Family Health Plans, Affordable Care California, Group Medical Insurance, California Health Insurance Exchange Marketplace, Medicare Supplements, HMO & PPO Health Care Plans, Long Term Care & Disability Insurance, Life Insurance, Dental Insurance, Vision Insurance, Employee Benefits, Affordable Care Act Assistance, Health Benefits Exchange, Buy Health Insurance, Health Care Reform Plans, Insurance Agency, Westminster, Costa Mesa, Huntington Beach, Fountain Valley, Irvine, Santa Ana, Tustin, Aliso Viejo, Laguna Hills, Laguna Beach, Laguna Woods, Long Beach, Orange, Tustin Foothills, Seal Beach, Anaheim, Newport Beach, Yorba Linda, Placentia, Brea, La Habra, Orange County CA

12312 Pentagon Street - Garden Grove, CA 92841-3327 - Tel: 714.638.0853 - 800.731.2590
Email:
Jay@ArchApple.com
Copyright @ 2015 - Website Design and Search Engine Optimization by Blitz Mogul