Long term care insurance savings tips ways to reduce cost for long-term care insurance

Federal Long-Term Care Insurance Program
Important Information If You Are Eligible

Open enrollment for the Federal long-term care insurance program begins April 4, 2011 and ends June 24, 2011. If you are eligible for this coverage, the following information may be very helpful.

The Federal program is a group plan. It does not offer good health discounts offered by all private long-term care insurance policies. It also does not offer discounts when both spouses or partners apply for coverage.

IMPORTANT
If you are married, you can probably get equal long-term care insurance for less money. If you are in good health, you'll save even more.

Discounts and savings options vary from one insurer to another. That's really why we stress talking to a long-term care insurance professional who can match your situation to the insurer offering the best value.
Click here to complete our simple online questionnaire and get the ball rolling.

TWO STEPS TO SAVE

STEP 1. Determine the cost for coverage under the Federal program by selecting from the four pre-set plans. STEP 2. Request a no-obligation comparison quote from the American Association for Long-Term Care Insurance. That's the only way to know if you can get better coverage for less money.

Some Real Comparisons: Federal Long-Term Care Insurance Program

The following compares costs for the Federal Long-Term care Insurance Program compared to the 2011 LTC Insurance Price Index compiled by the American Association for Long-Term Care Insurance. Each year we gather rates from leading, top-rated insurers.

The 2011 Federal Long Term Care Insurance Program
Single Person (age 55): Cost: $ 1,398.12 per-year
Couple, Husband / Wife (both age 55): Cost $ 2,796.24 per-year
Cost for $150-per-day benefit, 3-year Benefit Period, 4% compound inflation.

2011 Cost From Insurance Company One
Single Person (age 55): $ 1,325.00 per-year -- SAVE $73 each year
Couple, Husband / Wife (both age 55) $ 2,084.00 per-year -- SAVE $712 each year
Cost for $150-per-day benefit, 3-year Benefit Period, 3% compound inflation includes Preferred Health discount
For Couple: Includes the Shared Care Benefit Rider + Spousal Discount for Couple

2011 Cost From Insurance Company Two
Single Person (age 55): $ 1,435.00 per-year
Cost for Couple: Husband / Wife (both age 55): $ 2,162.00 per-year -- SAVE $634 each year
$150-per-day benefit, 3-year Benefit Period, 3% compound inflation includes Preferred Health discount
For Couple: Includes Shared Care Benefit Rider + Spousal Discount for Couple.

2011 Cost From Insurance Company Three
Single Person (age 55): $ 1,655.00 per-year
Cost for Couple: Husband / Wife (both age 55): $ 1,985.00 per-year -- SAVE $811 each year
$150-per-day benefit, 3-year Benefit Period, 3% compound inflation Rates for Standard Health

COMPARE BEFORE YOU APPLY

Determine the cost for coverage under the Federal program. Then, request a no-obligation comparison quote from the American Association for Long-Term Care Insurance. That's the only way to know if you can get better coverage for less money.


Click here to complete our simple online questionnaire and get the ball rolling.