Pennsylvania Long-Term Care Insurance
(Quotes, Cost & Coverage)

Get Pennsylvania long-term care insurance quotes, cost & coverage fast. PA LTC insurance helps pay for care for people with chronic illnesses, disabilities or other conditions need on daily, and over time.

PA LTC Insurance

Pennsylvania Long-Term Care Insurance ⋆ Quotes, Cost & Coverage

Long-term care may be necessary at any age. An older adult may gradually find that day-to-day activities are becoming increasingly difficult without assistance. Someone younger may have a stroke, a heart attack, or a disabling accident.

Since health insurance and Medicare are not primarily designed to encompass long-term care services, LTC coverage provides a way for you to pay for these services. This guide offers a general introduction to Pennsylvania long-term care insurance and the essential information you need to know about this type of insurance protection.

Most long-term care isn't medical care, but help with basic personal tasks of daily life. Some services offer assistance with daily activities for individuals with chronic illnesses or cognitive impairments. Others follow a period of rehabilitation for individuals who continue to require aid to perform day-to-day operations.

Many people often think that LTC refers to services offered at nursing homes. However, it encompasses more than that. Most LTC is delivered at home by friends and family (informal care). Some individuals may require more attention than families can provide, and additional resources may be necessary (formal care).

Formal care may be provided by PA LTC service providers in various locations according to the needs of the individual. Pennsylvania long-term care insurance can help cover the cost of these services and more.

Pennsylvania Long-Term Care Policy Types

There are several kinds of Pennsylvania long-term care insurance policies available. Most are referred to as expense incurred or indemnity policies. An indemnity policy or 'per diem' policy pays up to a fixed benefit amount. It does not matter what you spend. In an expense-incurred plan, you select the benefit total as you purchase the policy, and you are reimbursed for the expenses for LTC services. You are afforded a specified dollar amount per month, week or day.

Many insurance companies also sell integrated policies. These are also referred to as insurance plans with pooled benefits. This kind of policy offers a sum dollar amount that can be used for various types of LTC services. There is often a monthly, weekly or daily limit for the covered expenses in the Pennsylvania long-term care insurance policy.

It is worth noting that there are not PA long-term care insurance policies that guarantee full coverage of all expenses. Typically, you will have a choice of daily benefit sums ranging from $50 to over $300 a day for formal care coverage. The daily benefit for informal care will often be less than the benefit for formal care. It is crucial to note that you are liable for your actual home care or nursing home costs that go beyond the daily benefit sum you bought.

Since the per-day benefits you purchase today probably will be insufficient to cover increased costs years from now, the majority of long-term care insurance policies provide adjustments for inflation. For instance, in many plans, the initial benefit amount will increase automatically every year at a specific rate compounded over the policy's life.

What Does Pennsylvania Long-Term Care Insurance Cover?

LTC services are offered when an individual is unable to complete specific activities of daily living (ADL). It is also the case when they are cognitively impaired due to Alzheimer's disease or senile dementia. The most common ADLs that determine service needs are bathing, dressing, toileting, transferring (getting from a seat to the bed), eating and continence.

PA long-term care insurance policies cover custodial, intermediate and skilled care in nursing homes that have been licensed by the state. The plans often also include home care such as non-skilled or skilled nursing care, home health assistance and physical therapy. Most policies also include assisted living, alternate care, adult daycare and respite care.

Following is a list of some of the most common coverages available:

Nursing Home: A facility that provides skilled health care, rehab, personal care and daily activities around the clock.

Assisted Living: An apartment style residence that makes personal care and other helpful services available when needed.

Adult Day Care: An outside the home service that provides health, social and support services in a supervised setting.

Home Care: An agency or person who comes to the home who performs services likes bathing and helps with chores.

Home Modification: Handicap ramps, grab bars, easier to enter baths to make your home more accessible.

Care Coordination: Services provided by a licensed professional who helps with determining needs, locating services and arranging for care.

What Pennsylvania Long-Term Care Insurance Doesn't Cover

Long-Term Care insurance typically does not cover illness, treatment or medical condition arising out of:

Participation in a felony, riot or insurrection
Attempted suicide, while sane or insane
Injuries intentionally inflicted on self
Treatment or care for alcoholism or any drug addiction
Care or treatment provided in a government facility unless otherwise required by law.
Care you receive while in a hospital, except in a unit specifically designated as a nursing home or hospice facility.
Any service to the extent the expense for it is reimbursable under Medicare or would be so reimbursable except for the application of a deductible, coinsurance or co-payment amount.
Services or supplies for which you are not obligated to pay in the absence of insurance.
Services provided by any person who normally lived in your home at the time you became eligible for benefits.

How Much Does Pennsylvania Long-Term Care Insurance Cost?

How much does Pennsylvania long-term care insurance cost? The premiums vary depending on the company and their underwriting rules, and it depends on the coverages and deductible selected.

Before buying a PA LTC insurance policy, remember that all insurance plans are considered legal contracts. Ensure that you read and review the plans under consideration before purchasing. You should understand all the provisions before making a decision. It is advisable to discuss the policies with individual who can offer a professional opinion such as a financial advisor or your physician.

PA LTC Insurance Quotes

Pennsylvania Insurance

Request a Pennsylvania Long-Term Care quote in Allentown, Allison Park, Altoona, Baldwin, Bensalem, Bethel Park, Bethlehem, Bloomsburg, Carlisle, Chambersburg, Chester, Drexel Hill, Easton, Erie, Fullerton, Greensburg, Hanover, Harrisburg, Hazleton, Hermitage, Hershey, Horsham, Indiana, Johnstown, King of Prussia, Lancaster, Lansdale, Lebanon, Levittown, McKeesport, Monroeville, Murrysville, New Castle, Norristown, Philadelphia, Phoenixville, Pittsburgh, Pottstown, Pottsville, Reading, Scranton, State College, Upper Darby, West Chester, West Mifflin, Wilkes-Barre, Wilkinsburg, Williamsport, Willow Grove, York and all other cities in PA.

Pennsylvania Insurance Regulations

There are some regulations when it comes to Pennsylvania insurance that you should be aware of. We will be looking closely at both personal and commercial insurance within PA to find out what the regulations and limits are, so that whether you own a business or simply drive a car, you are able to get the insurance that is required by law. Understanding what the law requires the first step to making sure that you are compliant. Let's take a close look at these types of insurance.

PA Commercial Insurance

First, let's discuss business insurance. There are lots of different types of business insurance that you can get, but the most common one out there is what is called commercial liability or general liability insurance. This type of insurance protects you in case you are sued by someone who comes on your property and is injured or has their property damaged by something that happens on your premises. This may be something as simple as slipping on a wet floor or it might be a parking lot mishap the damages the vehicles there. However, this is not a mandatory type of insurance required by Pennsylvania law.

There are two types of insurance that are required in Pennsylvania however. These are pretty standard across most states. The first is Worker's Compensation insurance which is sort of like health insurance for anyone who is injured on the job. In addition, Pennsylvania requires that commercial vehicles that are actively being used in a business carry commercial auto insurance.

Pennsylvania Personal Insurance

You also need to know what the regulations are for personal insurance. The first type of insurance we will cover is auto insurance. In Pennsylvania, you are required to carry liability insurance for bodily injury of $15,000 per person and $30,000 per accident. In addition, property damage liability coverage is required at an amount of $5000. You are also required to carry uninsured motorist coverage at $15,000 per person and $30,000 per accident as well as underinsurance motorist coverage at $15,000 per person and $30,000 per accident. Finally, Pennsylvania requires first party benefits medical payments coverage of $5000. This is a great deal more than is required in most states.

There also some life insurance regulations that you will find under Title 40 of the state statutes. A free look period of 10 days is required for life insurance, there is a grace period on payments of 30 days and there is a guaranteed benefits and cash value law as well.