Ensuring you or your loved ones are covered for long term care should be top of mind for anyone nearing their senior years. This November is National Long Term Care Month, a movement that was started to emphasize the importance of long-term care and how important it is for people to get involved in preparing for their future. As we age we begin to realize the need for having adequate health coverage, but often lack the information necessary to obtain it. Fortunately, working with Nevada Silver Life Insurance, the state’s only Nevada health link preferred broker, makes obtaining long-term care insurance a breeze.
Learn more about Long Term Care Month and your insurance coverage options with Nevada Silver Life and Health Insurance by reading below.
Long Term Care and Insurance
Long-term care is often necessary for seniors who are unable to handle daily tasks such as eating, bathing, or dressing on their own. These needs commonly go unmet due to a lack of proper long-term care coverage and accessibility, resulting in family members taking on the role of caregiver for their loved ones. However, this isn’t always possible as many adults have other responsibilities such as work that impede this possibility.
On average, 78% of adults receiving long-term care rely solely on their family or friends for assistance. The caregiver typically spends 21 hours a week caring for their loved one and roughly 90% of these people had to permanently alter their work schedules to provide such care.
Long-term care insurance ensures that those who require long-term care get the assistance they need while allowing their family members to continue their daily routines.
Medicare Open Enrollment
Medicare is ideal for individuals who are turning 65 or are over the age of 65 and are looking for health insurance that will help them maintain their current health and protect them from circumstances that are unplanned. Medicare open enrollment for seniors consists of two main parts; Part A and Part B. Seniors who take advantage of Medicare health insurance must enroll in both Parts A and B to be considered covered.
- Part A refers to Hospital Coverage which may be used to help pay for inpatient hospital care, skilled nursing facilities, home health care, and more.
- Part B refers to Medical Coverage which may be used to help pay for doctor’s services, outpatient care, and other medical services.
Medicare Supplements, also called Medigap Plans, are designed to help pay for certain health care costs that are not covered by Medicare Parts A or B. Likewise, Medicare Advantage Plans offer people with Medicare additional benefits beyond the standard Medicare coverage through an approved HMO.
Medicare Open Enrollment began on October 15th and will remain open until December 7th. If you need help enrolling in Medicare benefits, the expert insurance agents at Nevada Silver are there for you. There’s still time to get your Medicare benefits this year. If you are in need of assistance enrolling or reviewing your current plan contact us today!
Nevada Health Link Open Enrollment
Nevada Health Link is a resource available to all Nevadans that helps them find affordable health insurance plans that meet their unique needs and budget. Nevada Silver Life and Health Insurance Agency has many options for your family’s individual health insurance.
You can purchase plans privately or through the Nevada State Exchange Marketplace, Nevada Health Link, which makes the process of signing up for health coverage simple. There are other benefits to purchasing health insurance through Nevada Health Link such as receiving premium tax credits and subsidies to cover the cost of your health insurance.
Nevada Health Link’s Open Enrollment will begin on November 1st and runs through January 15th. To ensure you receive health coverage by February 1, 2022, connect with Nevada Silver. As the only Nevada Healthlink Preferred Broker in Northern Nevada, we’re able to provide the most streamlined assistance possible.
Are you interested in working with certified health insurance brokers? Our agents at NV Silver Life and Health Insurance are here to help you find the best plan for you. Contact us today!