I Am A Resident In Assisted Living

[ltcadviser]

I would be happy to answer any questions you may have.

Did you have the Jags + 7.5 last night?

 

[CALTCAgent]

@Biglon I will bet you never realized you wandered into an old west saloon and would have to shoot it out with the regulars before anyone would give you some respect.

 

[Life Hawk]

The good ole days. Chewin' on a unlit cigar and shooten bad guys!

 

[Tahoe Ray]

Did you have the Jags + 7.5 last night?

I had Cincy in my straight-up survivor pool.

 

[Dstix]

My mom and dad both have LTC policies. My mom went into a nursing home in June. Her yearly premium for her policy is due November 15th. Also, she just became Medicaid eligible. So, should my dad continue to pay her premium or just let is lapse?

 

[goillini52]

My mom and dad both have LTC policies. My mom went into a nursing home in June. Her yearly premium for her policy is due November 15th. Also, she just became Medicaid eligible. So, should my dad continue to pay her premium or just let is lapse?

Before you let it lapse see if the policy has a non-forfeiture feature.

 

[Tahoe Ray]

My mom and dad both have LTC policies. My mom went into a nursing home in June. Her yearly premium for her policy is due November 15th. Also, she just became Medicaid eligible. So, should my dad continue to pay her premium or just let is lapse?

Does your dad also have a policy?

How old is your mom? Are you sure it's Medicaid and not medicare? It would be strange for her to have an LTC policy and yet qualify for Medicaid that quickly.

If he can't make the payment, you could also switch the mode (to monthly/quarterly, etc.) depending on mom's health.

You should really talk to someone (hopefully a referral or someone who specializes in LTC) and put all of your cards on the table. Too many variables here. They will be much better at advising you (in most cases) than the internet will be.

 

[fed up]

My mom and dad both have LTC policies. My mom went into a nursing home in June. Her yearly premium for her policy is due November 15th. Also, she just became Medicaid eligible. So, should my dad continue to pay her premium or just let is lapse?

CALL THE CARRIER OF THE POLICY AND SEE IF IT HAS A NON-PAYMENT OF PREMIUM OPTION ONCE THE POLICY STARTS TO PAY BENEFITS. Most do. If you can;'t get the carrier to answer, call the agent of record

 

[rousemark]

CALL THE CARRIER OF THE POLICY AND SEE IF IT HAS A NON-PAYMENT OF PREMIUM OPTION ONCE THE POLICY STARTS TO PAY BENEFITS. Most do. If you can;'t get the carrier to answer, call the agent of record

What am I missing here.. If she has an LTC policy and is confined to a nursing home, should it not be paying benefits? Why would you do anything with it other than pay the premium?

 

[goillini52]

What am I missing here.. If she has an LTC policy and is confined to a nursing home, should it not be paying benefits? Why would you do anything with it other than pay the premium?

fed up is referring to a waiver of premium.