Wednesday, August 09, 2006
New York launches online long-term care insurance shopping tool
["Help with long-term care insurance offered online," The Dunkirk Observer, 8 August 2006.]
The state of New York is working to reduce the burden of paying for long-term care through Medicaid by making it easier for citizens to shop for adequate coverage. Perhaps it is time Kansas policymakers took similar action:
Long-term care insurance shoppers can go online effective immediately to compare sample premium rates. Consumers logging onto www.ins.state.ny.us, clicking the consumers icon and then scrolling down to the Long Term Care section can retrieve personalized LTC insurance premium rates by submitting the type of policy they would like to purchase, their age and the number of days they are willing to pay out-of-pocket for LTC services before a policy will begin to pay benefits.
This is just one of many new initiatives being implemented to inform the public about the advantages of purchasing long-term care insurance when planning for the family’s financial future.
To help make long-term care insurance more affordable, 20 percent of the total amount of premiums paid for qualified policies can be used for a tax credit on New York state income tax returns.
[Matthew Hisrich, "Staying the Course: Medicaid Reform in Kansas," The Flint Hills Center for Public Policy, 31 January 2004.]
The state of New York is working to reduce the burden of paying for long-term care through Medicaid by making it easier for citizens to shop for adequate coverage. Perhaps it is time Kansas policymakers took similar action:
Long-term care insurance shoppers can go online effective immediately to compare sample premium rates. Consumers logging onto www.ins.state.ny.us, clicking the consumers icon and then scrolling down to the Long Term Care section can retrieve personalized LTC insurance premium rates by submitting the type of policy they would like to purchase, their age and the number of days they are willing to pay out-of-pocket for LTC services before a policy will begin to pay benefits.
This is just one of many new initiatives being implemented to inform the public about the advantages of purchasing long-term care insurance when planning for the family’s financial future.
To help make long-term care insurance more affordable, 20 percent of the total amount of premiums paid for qualified policies can be used for a tax credit on New York state income tax returns.
[Matthew Hisrich, "Staying the Course: Medicaid Reform in Kansas," The Flint Hills Center for Public Policy, 31 January 2004.]
Comments:
Post a Comment
