Long Term Care Plan Reimbursement Privacy Policy | Contact | Site Map |

Long Term Care Plan Reimbursement

Quick Health Insurance.com Group, Inc., Insurance Services, Dallas, TX
Find Local Doctors & Health Plans : Enter ZIP Code...

Your ZIP Code

Types of Health Plan

Your E-mail ID

 Long Term Care Plan Reimbursement
Long Term Care Plan Reimbursement

Long Term Care Plan Reimbursement

A long term care plan is purchased separately from the regular medical insurance. It is specifically meant for the time when medical care is needed for a long time at a stretch. The policy holder is required to keep paying the premiums till the benefits are needed. There are a few options in the way the policy holder gets the benefits from the insurance company. Among these the plan of reimbursement long term care insurance is the most regularly bought plan. One important aspect is the type of settlement that is done by the company which is a part of the policy terms. The expenses incurred could be paid to the care provider directly by the insurance company or the policy holder pays upfront and is reimbursed later.

There are two ways in which the insurance company meets the benefits of the plan.

  • Case:1
  • When your long term care facility bill is less than your benefit amount, the insurance company will pay the billed amount and keep the remainder of the benefit amount to be used later.

  • Case:2
  • When the billed amount is higher than your benefit amount, the insurance company will pay its share and you have to meet the rest of the amount on your own.

You should understand the exact terms of claim settlement when you buy the policy.

Long Term Care Plan Reimbursement


Home     Our Advisors     Privacy Policy     Contact Us     Insurance Resources    

Copyright 2020 Medical-Insurance-Quotes.us [Protected under U.S. Copyright TX5-874-987 & Several Pending Patents]

Page copy protected against web site content infringement by Copyscape.