10 years from now? • Assisted living facility care: 5 years from now? • 10 from now? • Home health care: 5 years from now? • 10 from now? • yes/no yes/no 22. If you buy inflation coverage, what will your yes/no yes/no premium be: yes/no yes/no 5 years from now? • yes/no yes/no 10 years from now? • yes/no yes/no 15 years from now? • Policy 1 Policy 2 months months days days days days days days service days service days months months yes/no yes/no yes/no yes/no yes/no yes/no yes/no yes/no 16. How long will it be before you’re covered for a pre-existing condition? (usually 6 months) 17. How far back will the company look at your medical history to determine a pre-existing condition? (usually 6 months) yes/no yes/no Does the policy have inflation protection? (Refer to page 20) 18. Are the benefits adjusted for inflation? 19. Are you allowed to buy more coverage? If yes, $ $ When can you buy more coverage? • $ $ How much can you buy? • When can you no longer buy more coverage? • $ $ $ $ 20. Do the benefits increase automatically? If yes, What is the rate of increase? • $ $ Is it a simple or compound increase? • $ $ When do automatic increases stop? • 21. If you buy inflation coverage, what daily benefit would you receive for $ $ Nursing home care: $ $ 5 years from now? •
yes/no yes/no yes/no yes/no yes/no yes/no yes/no yes/no yes/no yes/no days days days days days days service days service days yes/no yes/no 16. How long will it be before you’re covered for a pre-existing condition? (usually 6 months) 17. How far back will the company look at your medical history to determine a pre-existing condition? (usually 6 months) Does the policy have inflation protection? (Refer to page 20) 18. Are the benefits adjusted for inflation? 19. Are you allowed to buy more coverage? If yes, • When can you buy more coverage? • How much can you buy? • When can you no longer buy more coverage? 20. Do the benefits increase automatically? If yes, • What is the rate of increase? • Is it a simple or compound increase? • When do automatic increases stop? 21. If you buy inflation coverage, what daily benefit would you receive for Nursing home care: • 5 years from now? • 10 years from now? Assisted living facility care: • 5 years from now? • 10 from now? Home health care: • 5 years from now? • 10 from now? 22. If you buy inflation coverage, what will your premium be: • 5 years from now? • 10 years from now? • 15 years from now? Policy 1 Policy 2 months months months months yes/no yes/no yes/no yes/no yes/no yes/no yes/no yes/no $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $
cmte_b_ltc_shop_wg_180416_guide_redline_180402.docx