Does Long Term Care Insurance cover memory problems?   When will help for mild cognitive impairment, Alzheimer’s Disease or Dementia with Lewy Body Syndrome kick in?

You have spent what seems like a lifetime paying for long term care insurance.  Month after month you have diligently sent your check, confident that when you need it, the help you need will be paid for.  You did your homework.  You learned that Long Term Care insurance helps pay for long-term care services typically not covered by regular health insurance, Medicare or Medicare Supplemental Insurance- and you took the steps to obtain it.   As time marches on, your memory marches off.  The diagnosis:  Mild Cognitive Impairment, Alzheimer’s Disease or Dementia with Lewy Body Syndrome.  Thank heavens you purchased a long term care policy!
It’s time.  How do you access the benefits?  First, you must determine what the trigger is for the policy to begin coverage.  This information is buried in the fine print.  Some policies require at least a three day hospital stay before the policy benefits start.  Other policies will require that one or more doctors determine that care is medically necessary.  Many policies commence only when the policy owner is unable to perform two of five activities of daily living.

The five activities of daily living:

•    Bathing
•    Dressing
•    Feeding
•    Toileting
•    Ambulation (moving from one place to another.)

Will your long term care insurance provide the benefits you are counting on (including but not limited to in-home assistance) if you develop memory impairment and technically have the ability to bathe, dress, feed yourself, and move around- but you cannot remember to take your medication or bathe or eat?

Call your long term care Insurance Provider Today and ask!