At BVV2, we accept the following as your payment option:
Long-term care insurance is distinct from conventional health insurance. It is created to finance the expenses of services and assistance when you can no longer take care of yourself, either at home, in an assisted living facility, memory care center, hospice care, respite care, or in a nursing home. Policyholders have the ability to choose from a variety of care options and benefits. These services may encompass taking care of activities of daily living, like bathing, toileting, and dressing, or skilled nursing or therapy for speech, physical, or occupational therapy. Long-term care insurance usually compensates for what is not covered by health insurance, Medicare, or Medicaid.
When evaluating assisted living and memory care community options, it’s wise to have a financial plan in place for what you can afford. It’s advisable to have a comprehensive understanding of your parent’s finances and assets, as well as any contributions from family members, to establish a budget. Similar to apartment options or real estate investments, the cost of an assisted living community can be influenced by its location and available amenities. We suggest visiting multiple properties to get a better understanding of the costs and make a comparison.
For more information, please do not hesitate to contact us. Our trusted staff will be with you as soon as possible.