HEARING - U.S. Senate Special Committee on Aging
HEARING - U.S. Senate Special Committee on Aging HEARING - U.S. Senate Special Committee on Aging
COMPAPISCR or LOtC TECR CARE POLICIES 187 CARRIER COLLfl d LIFE IYSURAYCE EQuITAILE tIFE A CAsUALTY vTukAt PRorECTPIE (MEDICO) -- - - - - - - - -- _- - - - - - - -- - - - - - - - - - --- - - - - -- - - - - - --- -- -- -- - - - -- SlLLED NURSInG CARE lays I-2. Sid CART BEEIT SIc-So S1-60 Bays 21-100 . $20 10 TIME LIMITAIIOM 61 'vs Iifotse 2d nel per tonfinoent Cays WCi- A y's . P4O- RESTRICTIC0S stay begins lthon 10 days stay beg-ns 'tnhA iS dCays sIay sogins -lin 0 days of A ] day hsptial slty: af I 0 day hOspitl *I-y or a0 day haspal stay loctor -icat lCrtiy i-1 lo osal. IA rOAcIAR aC~yonat IItEoAMIAIE CARE 0ALY 510EUTT 5$1-SO 5D. of stlled b.o.ftit SiC-20 TIME LIMITATIOO a0ti-a' S or 12 'vs 12 tTs P.r llnfineent A0 lays "ri- si RE:T~c~t~S iA day El-trod £59F stay ~4 la all SF -, I If a da oir Ossyl'.i ;1y i a IsF SYF ETn ' S I I lZ ays : ::, Control 0a day Sospil ;:;'d a' i:eSD- foi. nC lay Ilare iaO 1t011 itt -sieiC 8Sali~ o'y r . d Srli CUSTo0iAL CARE SAILY SESEFIT $10 s. TIME LIMITATIOY Iptianal 6 or 10 . REStIIi1lOYs stary es-nos lltn IA lays Of IA day co-ayod 18EV alay NOiE AEALPO IAILY BENEFIT TiN LiOITATICON ''NaNE' 6 mos. per cortiineiwole lIt"a "sI" sa sonof slay Stglls eSlItsn I' lays of S:o or I:f co-orad Slay of 00 days 12.ss of sidilieo IooofE 01 days oar conl? letent lendlaIely faillos a 00 day daiy ICF Cr bYr slay (nat EusE.): nAmetsond rag. ELIMINATII PERICD D. 01, SI Ar III days D. 10. Ar 111 days n... 1a0 days lzietIe slay bgins - aft-er ca-trod SNF Or :CFcr, rc yf 20 days 01 nod 1 AEyst no bane. I: Cost laPId: 'laa ' II days par loot inN $ MAXIMOnS (if aoyX) O0-.iIG 1rLtiili ifSew * $5b.O0G-sO.Clo - 4
cowRiiSOi or touTE reM CasE nOuczcS 188 CuRItER COtLUtIA LIFEt eSueuncE .QLITASk LiFE & CASUALTY - IJrAL PROTECTIVE rtMEOCO) £01eSiMIS ftrino continuour cofine. flC-tXISTIRG S Ys/b S s Irs/a iMS. S yrS/6 ens. 1 EXCLUSIOW (ether esoctlefls (sick occurring in st (0l.a)I (sick occurring in St 20 dys) OtalR EXCLUSIOaS suicies sew inflicte. injury ane e disce .. e disordert hbseltu1 cuoflncrent Otgnency suicide Satriflicted I injury ndrueisnal diseese/disoder Ite dins. organic i1lness ... dent.A Suicide sefilctd njy nIrvnus neni dilease/disi (u/C mon;. oranI l-nel sO ct.it el uninent eat chOS you - ucud cut IA e tO oott;Ca U.S. " you -a -onac ------------------------ Satme of PtlIm after 90 deys for canfne. --. -------- .,.......... .. ..... .__._._............. .. ............... ... . EVlDENCE -If Short far _edical siort ten -dicel snort ftri r0eoc-i INSWUMAILOTY esUcSItIri state oasis quaretecd lifetlim state 0.01S POL:CY FEE' $10 ($6 n v 110 (nat c earK o e 10...... ... ....... ... ... .... . .. ...... . ....... ....... .. .... ...... l. ...... DINER 10 dsy fee .. ook 50 1y Eaent 40 der !r,,, loo ... o&u orw. dee. fros. cle soad by gent 30 y rree looV *ance Senefit (jS husp cent'ne . alter san~aiiale In 12 staten sold by agenl PrUings RATS timeit"nly cost for S'o/dsy benefit-20 dsy leloalac periodl 60-k 6S-69 -74 00.020.75 Sat DOO $3505 S2 5 0E2 060 0_ 59 S -- - 4.tiS $64.05 tie .SO see. to $35.4*0 $25 .00 $38 35 tuSed -e 12 menth (baled oi d ys il-ICc senefil! 1et/cst. eptin (Sut inc based on I anf-n and. 100I 1. tbased on 2 antne .nod eArl SSoS: e"try ceo Ile yr. aU.j ttained age (Sd yr s) Attained As (54 yr - i42
- Page 139 and 140: 136 10,934 New Developments It! ;6
- Page 141 and 142: 10,936 138 New Developmenlt I. Thc
- Page 143 and 144: 140 10,938 New Development. 492 S-8
- Page 145 and 146: 10,940 142 New Developments i92 586
- Page 147 and 148: ATroR EYS -HARLES C. -ULiIN JUDITH
- Page 149 and 150: 146 reformed its decision-making pr
- Page 151 and 152: 148 : 14 2i57 New Developments 13,1
- Page 153 and 154: ~ 150 a>, rsn Cdw ~w (e d rum 0A7,.
- Page 155 and 156: 152 All Of these figures are based
- Page 157 and 158: 154 The requirements of this Act sh
- Page 159 and 160: 156 Drefting Note: Where the word "
- Page 161 and 162: 158 (b) The issuance of the group p
- Page 163 and 164: 160 (2) Contain a provision establi
- Page 165 and 166: 162 and competitive reasons. It is
- Page 167 and 168: 164 -13- E. Affordability of Long T
- Page 169 and 170: NAIC LTC ADVISORY COMMITEE EXPOSURE
- Page 171 and 172: Setinzn IS. Poicyx D~efinitieno aid
- Page 173 and 174: 170 3. The term "noncancellable' ma
- Page 175 and 176: 172 extension of benefits beyond th
- Page 177 and 178: artinM B Requirmnts for Rplnmacwt 1
- Page 179 and 180: 176 The above "Notice to Applicant"
- Page 181 and 182: (pinnal Rasting &mdsninn 178 Benefi
- Page 183 and 184: APPEMI!X B 180 OCWARISCN OF lVLCY i
- Page 185 and 186: COMPAIeSON OF LOtG TEIM CoAt PfLtCI
- Page 187 and 188: COMPABI:SZN OF LC#C TE" CAiE -OLICI
- Page 189: COWaPAISON Of LOSt TERM CARE POLICI
- Page 193 and 194: COGPARISON OF LONG TERM CARE POLICI
- Page 195 and 196: SOME BASIC THINGS YOU SHOULD KNOW M
- Page 197 and 198: Private health insurance is availab
- Page 199 and 200: WHAT MEDICARE PART B PAYS 196 MEDIC
- Page 201 and 202: EXPENSES NOT COVERED BY MEDICARE Me
COMPAPISCR or LOtC TECR CARE POLICIES<br />
187<br />
CARRIER COLLfl d LIFE IYSURAYCE EQuITAILE tIFE A CAsUALTY vTukAt PRorECTPIE (MEDICO)<br />
-- - - - - - - - -- _- - - - - - - -- - - - - - - - - - --- - - - - -- - - - - - --- -- -- -- - - - --<br />
SlLLED NURSInG CARE lays I-2. Sid<br />
CART BEEIT SIc-So S1-60 Bays 21-100 . $20 10<br />
TIME LIMITAIIOM 61 'vs Iifotse 2d nel per t<strong>on</strong>finoent Cays WCi- A y's . P4O-<br />
RESTRICTIC0S stay begins lth<strong>on</strong> 10 days stay beg-ns 'tnhA iS dCays sIay sogins -lin 0 days<br />
of A ] day hsptial slty: af I 0 day hOspitl *I-y or a0 day haspal stay<br />
loctor -icat lCrtiy i-1 lo<br />
osal. IA rOAcIAR aC~y<strong>on</strong>at<br />
IItEoAMIAIE CARE<br />
0ALY 510EUTT 5$1-SO 5D. of stlled b.o.ftit SiC-20<br />
TIME LIMITATIOO a0ti-a' S or 12 'vs 12 tTs P.r llnfineent A0 lays "ri- si<br />
RE:T~c~t~S iA day El-trod £59F stay<br />
~4 la all SF -, I<br />
If a da oir Ossyl'.i ;1y i<br />
a IsF SYF ETn ' S I I lZ ays : ::, C<strong>on</strong>trol<br />
0a day Sospil ;:;'d a' i:eSD-<br />
foi. nC lay Ilare<br />
iaO 1t011 itt -sieiC<br />
8Sali~ o'y<br />
r<br />
. d Srli<br />
CUSTo0iAL CARE<br />
SAILY SESEFIT $10 s.<br />
TIME LIMITATIOY Iptianal 6 or 10 .<br />
REStIIi1lOYs stary es-nos lltn IA lays Of<br />
IA day co-ayod 18EV alay<br />
NOiE AEALPO<br />
IAILY BENEFIT<br />
TiN LiOITATICON ''NaNE'<br />
6 mos. per cortiineiwole<br />
lIt"a "sI" sa s<strong>on</strong>of<br />
slay Stglls eSlItsn I' lays<br />
of S:o or I:f co-orad Slay<br />
of 00 days<br />
12.ss of sidilieo IooofE<br />
01 days oar c<strong>on</strong>l? letent<br />
lendlaIely faillos a 00 day<br />
daiy ICF Cr bYr slay<br />
(nat EusE.):<br />
nAmets<strong>on</strong>d rag.<br />
ELIMINATII PERICD D. 01, SI Ar III days D. 10. Ar 111 days n...<br />
1a0 days lzietIe<br />
slay bgins - aft-er<br />
ca-trod SNF Or :CFcr, rc<br />
yf 20 days<br />
01 nod 1 AEyst<br />
no bane. I: Cost laPId:<br />
'laa ' II days par loot inN<br />
$ MAXIMOnS (if aoyX) O0-.iIG 1rLtiili ifSew * $5b.O0G-sO.Clo<br />
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