Why isn’t my policy paying yet?

Long term care insurance, like other insurance....

has a deductible – typically 90 or 100 days (though it can be different) Elimination Period or “wait window”. This is the number of days a claimant has to pay for care out of pocket before the insurance starts paying benefits. This covers the difference in calendar and service days and helps you understand how to strategize to minimize your out of pocket costs.

Stana Martin, PhD, founded Mrs LTC to provide a top-quality resource for clients and customers who need help with long term care claims or insurance comparisons.