Un-Complicating Long-Term Care Insurance

At Always There Home Care we are continuously seeking resources in the community to assist our clients, their families and seniors across the state.

North Star Advisors came to our attention recently and we are very impressed with their range of affordable options to help seniors (and their children) better understand Long Term Care insurance. Here, one of the owners explains on more detail how very helpful they can be.

What to do if a loved one needs care? Where do you find services to support them at home or someplace else and who will pay for it? Will a health crisis bankrupt the retirement savings? Even if you have long-term care insurance, how do you coordinate care and payments? It is daunting to face the emotional and financial crisis, even if you think you are prepared. Decisions you make early on can affect the choices you have later.

At North Star LTCI Advisors, our goal is to help individuals understand long-term care insurance and aid them in the ability to use their benefits. We want to reduce the family’s stress and provide guidance to navigate the system.

Our firm provides fee based consulting services for LTCi and LTCi claims. Some of the services that we provide include:

Claims assistance... We have found that many times it is an elderly spouse that is in charge of securing care for their husband or wife and they are the ones trying to figure out how to start their claim and utilize their long-term care insurance policy. Other times it’s an adult child trying to handle the situation while also managing their own full time job and household. Our goal is that you or your loved one can access the benefits you have paid for over the years, while also lessening the stress on the entire family. We handle as much or as little as the family wants.

Rate increases & changes to benefits... We evaluate options when someone is faced with a rate increase on their LTCi policy or if they just want to explore making changes to their existing LTCi policy. We take your goals, the cost of care, and our experience into consideration when making an evaluation and recommendation.

Explain the details of existing LTCi coverage... LTCi policies are lengthy and very detail. We highlight the important details of the policy while explaining the benefits to ensure each person understands their coverage and how to access benefits in the future.

Offer a second opinion on an impending LTCi policy purchase... People purchase LTCi policies from a variety of sources. Not all agents have the same partnership certification, experience or knowledge of options available. Getting anevaluation from our experts helps ensure the best plan is being purchased.

We are licensed as certified insurance consultants and together we have almost 40 years of experience in the LTCi arena. Client service has always been a top priority; families, individuals, or advisors can choose from a packaged plan to pay for the unbiased advice or pay by the hour.

Whatever you choose, you will no longer feel alone and can be certain you are getting all of the answers needed to help your loved one. ■