Long-Term Care Plan By Ron Bitz Group Long Term Care Benefits - PowerPoint PPT Presentation

Long-Term Care Plan By Ron Bitz Group Long Term Care Benefits Consultant

Let’s R s Revi view w What L Long-Term C m Care e Is: Is: • Personal c care y you ou m may y need du due t to: o:  A di disabling i injury  A chronic m c medi dical condi dition  Effect cts o of agi ging  Cognitive i impa pairment • Hel elps p peo eople with with the the es essential al Activ tivit ities o of f Dail aily Livin iving g (AD (ADLs) s such as as:  Bat athing ing, , eat eating, ing, dres essing, c ing, cont ntinenc inence, e, t toil ileting, ing, trans ansfer erring ing

If y you our l life fe or or you our h health changed tom omor orrow at your curren ent a t age… e… …Coul Could yo you a afford t these c costs? • Home H Heal ealth th Care A are Agen gency • $17 t to o $19 a an hou our – no no med edic ical al s ser ervic ices es • $1 $150 an hour w with me medica cal s l service ces • Nur ursing Ho Home • $2 $213. 3.82/ 82/day – that’s $ s $6,414.60/mo /month o or $76, 6,975. 75.20 20/yea ear

Health Insurance – Medicare – Medicaid • Healt lth I Insura ranc nce – does not cover custodial care or maintenance level of care which is that LTC does. • Medic icar are e – does not cover long term care except if you are in the hospital for at least 3 days and moved into a Skilled facility receiving medical services then will allow up to 100 days only (on average they cover about 25 days. • Medic icaid aid – You have to spend down assets in order to qualify.

It’s long-term care insurance your way: • Simplicity ii: True Cash Long-Term Care Plan You rec receiv ive the m the month thly c cas ash b h ben enefit t for or as s lon ong as s care is s needed, up t to the C the Cas ash Ben Benefit its A Account l lim imit. it. Use the cash benefit as you choose!

Enrollment • For all current employees, spouses and family members will have full medical underwriting • Only new hires and their spouse – answer “no” to 6 medical questions and will be guaranteed a policy.

Advantages & Key Features • Group discount • Spousal discount • Lock-in at rates • Billed directly to your home or through bank deductions and credit card • You decide on the care setting (Family members in your own home, Home Health Care, Assisted Living, Adult Day Care, Hospice or Nursing Home) • Helps protect assets and gives you peace of mind • ND Partnership Plan & ND State Tax credit of $250 per person • Modified medical underwriting for new hires and their spouses

How Can I Enroll? • Complete Application:  Paper • Contact Ro Ron Bitz Norid idian ian Ins Insur uranc ance S e Ser ervic ices es (70 701) 222 222-2593 1-800 800-76 767-36 3631 t 1 toll free pltc@bt btinet.n .net www.MyNISI.c I.com om