Personal Care Health Insurance Assures Care And Comfort

2007-03-08 10:33:40

( Health )



People now live longer, but they will not be healthier. Yet, this comes as health care costs are increasing. If you can afford to spend for all these costs yourself, you may not need health care insurance. If you cannot, personal care health insurance helps you avoid dissipation of your savings to cover the cost of long-term care.

Health statistics indicate that nine-tenths of health expenditures go to personal health care, which covers the services of medical professionals, hospital and nursing-home care, drugs, eyeglasses, and related personal-care items. Personal care health insurance covers most of these items.

Long term personal care insurance can be costly. According to AARP, a sixty-five year old will pay several thousand dollars for a personal care health insurance policy that covers in-home and nursing-home care. AARP long term care insurance offers policies like these, administered by John Hancock long term care insurance.

You should not forgo necessary expenditures in order to purchase personal care health insurance. But if you can find a personal care health insurance policy (that suits your needs) with affordable premiums, you may want to consider it.

You may think it is better while you’re young to purchase daycare insurance or health care insurance. This way, it will be easier to qualify for insurance at less cost. But if you buy at an age when premiums are lower, you may be paying premiums for a long time before you start collecting on benefits.

The bottom line may be that you do not want to depend on your relatives for your long term care needs, or that you have significant assets that you want to spend on burdensome health care costs. With personal care health insurance you ensure that you will get skilled care and comfortable health service when you need it.


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