Which to choose? The Federal Long Term Care Insurance or an Individual Plan?
Many of our clients are comparing individual rates with the Federal Long Term Care Insurance (LTC) program, so it’s understandable why they’d be curious as to which is the better plan. There are a few points to consider when making the comparison of Federal LTC Plan versus an Individual LTC Plan.
- The Federal Long Term Care Insurance plan may have an Open Enrollment
- Good if you are unhealthy and can’t get covered on the private market.
- Bad / Expensive if you are healthy – see below.
- Individual plans are less expensive, on average
- Because they require you to submit medical records, there’s[…]
Reviews of each company’s financial stability ratings, claims experience, and size.
A side-by-side comparison of each company’s policy features. We cover the similarities and the differences.
Price comparisons customized to suit your specific needs from top carriers such as Nationwide, Thrivent, New York Life, National Guardian Life, Mutual of Omaha, and more.