CNO also announced that in Q3, its insurance subsidiaries will cease sales of home health care only long-term care policies, and comprehensive and nursing home long-term care policies with benefit periods
exceeding three years.
Figure SI: Lowest Socioeconomic Quartile: Adjusted Difference in Medicaid Entry within Three Months for Beneficiaries with Second Hospital Admission in Different Benefit Periods
. High-end supplemental policies, particularly those that offer guaranteed issue, typically have benefit periods
of five years.
Actuaries at CSG looked at STC policy benefit periods
, for example, and found that 92 percent of the STC issuers offer a policy with a 360-day benefit period
, and 50 percent offer a policy with a 90-day benefit period
the most recent advancements with respect to leave and benefits involve recognition of both parents' entitlement to leave and benefits, plus the lengthening of leave and benefit periods
for adoptive parents.
Typically, DI benefits protect an insured individual's ability to earn an income during his or her normal working years and offer maximum benefit periods
to ages 65, 67 or 70.
are typically limited to 12, 18, or 24 months.
What benefit periods
did buyers of long-term care in 2008 choose?
The new contract includes new benefit options, with increased home health care reimbursement rates, new benefit periods
and higher daily benefit amounts.
Except for the coinsurance (which must be paid after the first 20 days in each benefit period
), the plan can pay towards the cost of up to 100 days' post-hospital care in each benefit period
, regardless of how many benefit periods
the person may have.
Typically benefit periods
for disability income coverage are offered for a certain length of time, such as one year or five years or until a certain age such as 65 or 70.
Your facility staff decide, based on their knowledge of Medicare benefit periods
, that the resident would not be eligible for a new benefit period