Understanding Long Term Care Insurance in Northern New Jersey

The Basics of Long Term Care Insurance

Using Long Term Care Insurance Benefits for Home Care in Bergen, Essex, Hudson, Morris, Somerset and Union Counties in New Jersey

We need to start thinking about Long Term Care (LTC) and its associated insurance sooner than once considered. While we do think of this coverage with respect to our elderly population, (about 60% of individuals over age 65 will require services), this coverage should also be seriously considered for younger individuals (about 40% of those receiving services are between age 18 and 64). And, changes in your health can affect you qualifying for coverage

using long term care benefits of in home healthcare

What Does Long-Term Care Insurance Cover?

LTC insurance covers care not covered by health insurance, Medicare or Medicaid and protects your savings accounts from becoming depleted by increasing costs of healthcare. And, premiums may be tax deductible, in some cases up to 100%.

Having LTC insurance provides secondary benefits and eliminates the need to burden family members with providing this care directly to their loved ones. These policies are designed to cover a variety of services and supports in a variety of settings, even your home. LTC insurance can cover assistance with basic activities of daily living including:

Dressing
Bathing

Eating
Toileting

Transferring
Walking

How Long Do Benefits Last?

Long-term care needs and expenses are unpredictable as is lifespan, so to provide for this uncertainty, LTC insurance policies exist to provide for the cost of long-term care beyond a predetermined period of time. Policyholders of LTC can rest easy that they will receive the care they need and the best quality of life possible, under the terms and conditions of the policy.

Choosing the right plan is important.

using long term care insurance to pay for home care in new jersey Contact your insurance representative, financial advisor, and friends about the choices available. You may also want to contact a home healthcare provider like David York Agency to ensure the policy you choose is compatible with the home care they provide.

Insurance policies, long-term care insurance included, are designed to be most affordable when the person insured is younger and healthier. The ‘sweet spot’ for purchasing long-term care insurance is between 52 and 64 years old. Long-term care insurance policies allow you to define benefits when you buy the policy. You can add or subtract various components to suit your situation.

Working with a predetermined pot of benefit money is just like working with a household budget. You need to find ways to make it last and cover all the things that you need in order to get through the month. Home healthcare, in Bergen, Essex, Hudson, Morris, Somerset and Union Counties in New Jersey, will average half of what a nursing home will cost. With home healthcare, not only will you get more personalized care at nearly half the cost of a nursing home, you get to live in the comfort and familiarity of your own home.

Unlike the policies seen in the 1980’s, today’s long-term care insurance covers home healthcare. This is why using long-term care insurance to fund home healthcare is a wise option. Of course, if you need a skilled nursing facility, a nursing home might be the better choice. Policies allow for that as well.

Choosing the right plan is important. Contact your insurance representative, financial advisor, and friends about the choices available. You may also want to contact a home healthcare provider like David York Agency to ensure the policy you choose is compatible with the home care they provide.

Your Trusted Source for Home Care and Support Since 1984

When you are faced with the challenge of finding the best in-home care provider in northern New Jersey to help care for the emotional and physical well-being of someone you love, maybe your mom or dad, you will want to be confident that you are making the right choice.

At David York Home Healthcare Agency, extraordinary service is what sets us apart from other companies who provide in home health care services. Whatever your care needs, we are there for you, always striving to exceed your expectations.

We provide our home care, senior care, dementia care and specialized in-home care services throughout the northern New Jersey counties of Bergen, Essex, Hudson, Morris, Somerset and Union, including the towns of Franklin Lakes, Paramus, Ridgewood, Livingston, Verona, Secaucus, Morristown, Berkeley Heights, Cranford and Springfield. For a complete list of areas where we provide in-home care and support services for seniors, elderly adults and people of all ages, please visit our Service Areas page.

Complimentary Care Needs Evaluation

Making the decision about in-home care for a loved one is never easy, but finding the right answers can help you feel more comfortable with the options available and confident in your final decision. That’s why David York Home Healthcare Agency provides clients and their families with a complimentary care needs assessment with a registered nurse.

In the initial phone call and subsequent client meeting, we will thoroughly discuss your care needs and work with you and your loved one to determine how best to meet your requirements. After evaluating your home care goals we will have a better understanding of your loved ones physical, emotional and cognitive needs and will work with you to create a personalized plan of care.

FREE CARE NEEDS EVALUATION

At David York Home Healthcare Agency, extraordinary service is what sets us apart from other companies who provide in-home care services. Whatever your care needs, we are there for you, always striving to exceed your expectations.

“As you may know, I like to keep you abreast of any opportunities to find a good, caring and responsible home health aide. Recently, a congregant needed a daily person for 3 weeks. When I went to visit, she raved about the care she was getting from this service. It is: David York Agency in Brooklyn. Ask for Anita Kamiel. 718-376-7755. ”

L BHolliswood, N.Y.

“To Marty, Pam, Natalie and the amazing aides that work for David York Agency – I would like to express appreciation to all of you for the care you gave my mom (and to me as the primary caregiver). You have all been so professional and kind. There were so many annoying and aggravating situations that came up and throughout you all stayed calm and supportive. I am sure I will not get the same attention and support anywhere else. Continue your excellent work!! Thank you. Thank you. Thank you. ”

C WBrooklyn, N.Y.

“I am glad I called your agency and thankful that you chose both excellent aides to assist me.”

M KNew York, N.Y.

“This is a letter thanking you for providing wonderful services for my mother. Both D.B. (aide) and C.B. (aide) did a wonderful job in the time they took care of my mother.”

J TStaten Island, N.Y.

“I am grateful to you for sending 2 wonderful people to take care of my mother. I would give M. (aide) and G. (aide) the highest of recommendations. In fact, I have given the name of your agency to 2 different parties who are in need of help in caring for an older person. It was my pleasure dealing with such an understanding individual at your agency.”

G ICedarhurst, N.Y.

“Thank you for everything. You were very helpful in getting us reliable, friendly assistance. My family and I thank you deeply.”

M K FStaten Island, N.Y.

“My family and I wish to express our appreciation to your agency for the courteous and efficient manner in which assistance was given. We particularly would like to single out H.G. (aide) for the extraordinary care she provided. Not only did she attend to my mother’s physical needs in an excellent manner (hygiene, meals, etc.), but she gave her loving attention during a very difficult period. She is a warm, caring, highly intelligent woman and a fine credit to your agency.”

H CRockaway Park, N.Y.

“I just wish to express how pleased we all have been with the service you have provided.” –

E TWest Hempstead, N.Y.

“I am writing to commend your employee, B.S. (aide), for the excellent care she gave my mother. I must admit I had misgiving about allowing a total stranger to live in our home, but I had no choice. Mother was no longer able to care for herself and it was impossible for me to stay at home 24 hours a day to care for her. So a “live-in” was the only answer. B.S. was clearly the best thing that happened in a very sad, trying situation. She was a great comfort, and I hope to be able to keep up with her as a personal friend from now on. She is superb and definitely ‘one of a kind’.”

N BQueens Village, N.Y.

“We are all very satisfied and pleased with the aides you have sent to us. I don’t hesitate in recommending people to you. Thank you.”

M KStaten Island, N.Y.

“Thank you very much for your help and quick response to our needs.”

A J TBrooklyn Heights, N.Y.

“Anita, Thank you so much for your support and advice. We still talk about the extraordinary professionals that we dealt with during my mom’s time with us and you were of tremendous help. I know that others must appreciate you as well.”

T C HPark Slope Brooklyn, N.Y.