Long-Term Care
At Cardinal, Long-Term Care planning is our passion. We see the difference it makes at the end of our clients lives, for them and their family, if they have properly planned for long-term care.
Unfortunately, we also have experiences of helping families who did not properly plan and ended up in a long-term care crisis.
Many people are scared to talk about long-term care because they associate planning for care with nursing homes. This is not true anymore. There are so many options for care, where you receive care (like at home), and how you pay for it.
Questions we can answer
Does Medicare or Medicaid pay for long-term care?
No—Medicare does not pay for most long-term care, such as help with bathing, dressing, eating, or living in an assisted living facility. It only covers short-term skilled nursing or rehab after a hospital stay, but ongoing custodial care is generally not included.
Can I get a policy that will pay for long-term care at home?
Yes, many long-term care insurance policies will pay for in-home care, covering both medical and personal assistance if you meet benefit triggers such as needing help with daily activities or having cognitive impairment.
Can I get long-term care insurance having preexisting conditions?
It depends on the condition and its severity. Long-term care insurance requires medical underwriting, so some preexisting conditions—like advanced Alzheimer’s, or recent cancer—may disqualify you, while more common, manageable conditions (such as controlled high blood pressure or diabetes) may still be insurable, though possibly at higher premiums or with limited benefits.
How do I help my parents with their long-term care situation?
Evaluate your parents’ care needs and preferences, then match them with suitable care options and financial resources. Make sure legal documents are in place and seek professional help if needed.
Need a plan?
Get In Touch
Contact us today with any questions, concerns, or just to stay connected.
