Ensuring Long-Term Care for Alzheimer’s disease

Ensuring Long-Term Care for Alzheimer’s disease

http://insureme.us/ensuring-long-term-care-alzheimer%E2%80%99s-disease/

Families are encouraged to get supplemental insurance, because not all costs will be shouldered by Medicare.  This supplemental insurance is termed as Medigap insurance.  Private health insurance companies offer these insurance policies.  The conditions for Medigap are determined by state law.  These are the out-of-pocket expenses or deductibles associated with hospital stays, and the co-payment by the insured.  Families should also ensure that the supplemental health coverage that they will be getting for their loved one should include long-term care, for most private insurance policies don’t include coverage for nursing homes or assisted living care.  It should be noted, though, that if your family has a history of this chronic disease, and you are going to acquire the insurance at the point when they were diagnosed, you will likely be rejected by the company.  Make sure that you plan ahead if this is the case with your family.  Costs for Alzheimer’s treatment may run from $40,000 to $70,000, and may very well debilitate your family financially, if you are not prepared for this illness.