A Long Term Care Benefit Plan is a unique, tax advantaged financial option that extends the time a person would remain private pay and delays their entry onto Medicaid. All health conditions are accepted, there are no wait periods, no care limitations, no costs to apply, no requirement to be terminally ill, and there are no loans or premium payments. Policy owners use their legal right to convert an in-force life insurance policy to enroll in the Medicaid qualified Benefit Plan, and are able to immediately direct payments to cover their senior housing and long term care costs.
The Long Term Care Benefit is an accepted form of payment by every Home Care, Assisted Living, Memory Care, Nursing Home, and Hospice company in the United States. Visit our Trusted Partners page to search for the best Senior Care providers working with Life Care Funding in every state.