Original Medicare covers many health care services and supplies, but there are many costs it doesn’t cover. A Medicare supplement policy is health insurance sold by private insurance companies to fill gaps in Original Medicare coverage. Medicare supplement policies help pay your share (coinsurance, copayments, or deductibles) of the costs of Medicare-covered services. Some med-supp policies cover certain costs not covered by Original Medicare. With all the choices you have for your health care coverage, it’s important to understand how each one works, its benefits and your share of the costs. The Advisors at KFG will help you choose the plan that will fit your needs.
Growing old and needing help are issues everyone faces at some time. You want to maintain your independence as long as possible. You don’t want to rely on your kids to take care of you or make decisions on your behalf. And you certainly don’t want to spend your life savings on home health care, assisted living or nursing home services. A long-term care insurance policy may help you address these concerns and help prepare you for a happy, more secure future.
Long-term care (LTC) is a term used to describe a variety of services for people who are unable to care for themselves. This can be due to a prolonged illness or injury or the simple process of aging. Many people think long-term care means going to a nursing home. Today, a variety of long-term care services actually may help keep people out of nursing homes by allowing them to remain at home or live independently as long as possible.
One long-term care insurance policy may not be right for everyone. That’s why KFG Advisors offer a variety of long-term care insurance benefit options that allow you to select the policy that’s right for you.