Long Term Insurance
  • Overview
  • Tell Me More
  • FAQs
  • Contacts

At a Glance

People tend to think they will never need long-term care. Unfortunately, when they do need it they are not prepared. With long-term care insurance you can take control and be prepared. It helps you:

  • Retain your independence
  • Preserve your quality of life
  • Stay at home as long as possible
  • Maintain flexibility in care options
  • Protect your assets and savings
  • Avoid burdening friends and family

As life expectancies increase, there can be a greater chance that people will require long-term care. Long-term care includes all health, social, psychological and other services to persons requiring supportive help for a long time.

Members and family are eligible to apply. All applications are subject to state availability and underwriting approval. 

As an ROA member, you have access to a special benefit—the Long-Term Care Resources Network, a unique long-term care buying service.
This benefit allows you to work with a long-term care insurance representative who will give you all the information about benefits and rates of different highly rated long-term care providers.
With so many different providers, you may have questions about the coverage they provide:

  • Which plan or options offers the least expensive premium? Is one plan more flexible than another to help fit into my budget?
  • What if I have a current health condition—can I still get coverage?
  • What about protection for my spouse? Are there couple discounts available if we both apply?
  • Are there discounts for healthy applicants?
  • Which long-term care insurance offers more of the benefits I want or need?

One simple phone call to the Long-Term Care Resources Network for ROA members is all it takes to start protecting your assets from long-term health risks and get your questions answered. No obligation necessary!
For more information, a one-on-one consultation with an experienced Long-Term Care Resources Network Representative and how to apply, please call 1-800-616-8759.

Answers about the plan, including eligibility, options, enrollment, customer service and more.

Long-term care refers to assistance with the very basic, everyday activities that most of us can do for ourselves. We call them Activities of Daily Living, or ADL’s. As a result of illness, injury or advanced age, many people need assistance in order to eat, dress or bathe. The need for long-term care may also result because a person has cognitive impairment. Some people need supervision or reminders to accomplish everyday activities, such as using the toilet, eating, bathing, dressing and so forth.

Long-term care is provided to people who are unable to perform the basic tasks of everyday living on their own for an extended period due to chronic medical, physical or cognitive conditions, or disability injuries. Long-Term Care Insurance covers long-term care services provided in a nursing home, at home, in an assisted living facility or in other community-based settings. Medicare, Medicare supplemental insurance (Medigap) and traditional health and disability insurance plans typically do not cover long-term care services.

Today, the average cost of staying in a nursing home can be very expensive, often over $70,000 a year. Home care can be very expensive as well. Few people can afford this cost without using their life savings. Long-Term Care Insurance allows you to protect your assets in the event you need long-term care some time in the future, just like you protect yourself with homeowner and auto insurance.

Plans vary greatly based on your age, health and state. To give a general idea, the average buyer is in their late 50’s and they are spending $175 per month.

The premiums charged for tax-qualified Long-Term Care Insurance policies are treated as medical expenses under Federal tax law, which may qualify you for a more favorable outcome on your tax return.

A Long-Term Care Resources Specialist will be able to develop specific quotes based on your desired options. And you should check with the insurance carrier to determine if your plan is tax-qualified and consult with an attorney, accountant or tax advisor regarding the tax implications of purchasing a tax-qualified policy.

About half of all long-term care expense is paid by state Medicaid programs. About one-third is paid out-of-pocket by individuals and their families. Medicare only provides for some skilled care in some limited situations. Neither Medicare supplemental insurance nor major medical coverage provided by most companies pays for long-term care. This leaves approximately one-sixth of the total cost to be covered by other government programs and private insurance.

While many people think the federal government pays for long-term care expenses, nationally, over 25 percent of all nursing home expenses are paid out-of-pocket by individuals and their families. Neither Medicare, Medicare Supplement Insurance nor the major medical health insurance provided by employers is designed to pay for long-term care expenses.

Yes, but in very limited situations. Medicaid will generally apply only to those with very low incomes and very few assets. Even then, there is only limited choice of what and where benefits will be provided. For example, there might be limited choice of physician and facility, no control over the number of people sharing a room or no ability for the family to pay for any extras.

Although medical insurance has some aspects of long-term care, they are not the same thing. For example, some medical plans may pay for the services of a nurse while you are recovering from an illness or an injury that requires the maximum benefit for nursing services. This benefit would cease to be available. Medical insurance is not designed to cover activities of daily living. Long-term care insurance is designed to cover activities of daily living.

Genworth, John Hancock, Transamerica, Mutual of Omaha, and United of Omaha.

The average policy written is for a person in their mid to late 50’s, but our carriers underwrite policies for ages 18-84.

Coverage is available at the discounted rate for both you and your spouse; coverage can also be purchased for your parent’s, parent’s in-law and adult children.

Generally speaking, yes. There are different levels of health within the underwriting process as well as heath conditions that are unfortunately uninsurable such as:

  • Currently in a care facility or receiving home health care
  • Pending surgery (you may be able to apply after recovery)
  • Parkinson’s disease
  • Multiple sclerosis
  • Alzheimer’s disease (or dementia)
  • Muscular dystrophy
  • Organ transplants (except for cataracts)
  • Active cancer
  • On oxygen
  • Use of a quad cane
  • Diabetes with neuropathy
  • Recent stroke or multiple TIAs

When you call 1-800-616-8759, you are reaching the Customer Service Center for Long-Term Care Resources, the authorized Long-Term Care insurance plan administrator for our Long-Term Care Insurance Program.

That is not a problem. If you would provide us with your email address, we will send you the informational planning kit to look over. There is a toll-free number provided in the planning kit if you would like to speak to a Long-Term Care Specialist.

No, it’s not necessary to have someone come into your home; the process can be completed through the mail, over the phone or by fax.

We're here to help! Please contact us in whatever manner is most convenient for you.

Program Administrator

Long-Term Care Resources
Phone: 1-800-616-8759
Hours: 8:00 a.m. to 6:00 p.m. Monday - Friday (Central)
Email: info@ltcr.com
Website/Tool: http://educationcenter.ltcr.com/?id=roa

LTC Planning Tool

Visit an interactive and educational long-term care evaluation tool to assist you with your long-term care planning.

LTC Planning Tool

Long-Term Care Resources Network

Call today to schedule your one-on-one consultation with an experienced Long-Term Care Representative.


Mercer's Role & Compensation

Details of Mercer disclosure of the compensation.

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