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Long Term Care Coverage
Long term care coverage protects individuals from the costs associated with nursing homes, assisted living facilities, and home health care.
- Fifty percent of people over fifty years of age will spend a considerable amount of money either for home health care, assisted living, nursing home care, or a combination of all three.
- There is a growing interest in this type of coverage as people are living longer and longer.
- A typical nursing home policy will provide an individual, after a 90 day waiting period, with a $6,000 a month for three years that he/she can use for home health care, assisted living, or nursing home coverage.
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...there is a growing interest in this type of coverage as people are living longer and longer... |
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Dixon Associates serves companies in Eastern Massachusetts. These products can vary substantially from state to state. These descriptions are based on Massachusetts legislation. |
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