I’m joined again by Long-Term Care expert, Hospital Discharge Planner, and Geriatric Care Manager Eileen Dunn where we guide you through what to expect during the claims process for long-term care insurance.

More specifically, Eileen and I discuss:

• When is it time to make a long-term care insurance claim?
• What are some reasons why someone may be denied a long-term care insurance claim?
• How long does it typically take between initiating a claim and actually getting approval?
• Who pays the care provider, you or the insurance company?
• How does a waiver of premium work?
• How does an elimination period work?

Resources can be located at https://retiredishpodcast.com/21

LPL Financial and Planable Wealth are not affiliated with or endorsed by Eileen Dunn

The key moments in this episode are:

00:01:01 - Knowing When to Make a Claim

00:03:28 - Reasons Why People Are Denied Claims

00:05:43 - Initiating a Claim

00:08:48 - The Claims Process

00:15:20 - Claim Process and Premiums

00:16:21 - Last Tips for the Claims Process

00:17:31 - Asking Questions and Accessing Resources