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Reducing Long Term Care Health Insurance Costs Abbeville LA

Group coverage will always be less expensive. The risk for the long term care health insurance company is reduced because it's spread among the group. Read on and know more.

QuoteLA Brokerage Insurance & Investments
(337) 456-3754
345 Doucet Road
Lafayette, LA
 
Blaine Jennings Health Insurance
(337) 235-3323
2701 Johnston St #219
Lafayette, LA
 
Dwight Fontana
2895 Highway 190, Suite 224
Mandeville, LA
Company
Title: Registered Representative Investments
Company: Lasalle St. Securities LLC., Member FINRA / SIPC
Education
Bachelor of Science,1980
University of New Orleans
Business Administration
Years Experience
Years Experience: 26
Service
Wealth Management,Life Insurance,Real Estate Investment Planning,Annuity Ideas & Strategy Planning,Retirement Income Distribution Planning,Education Funding & Financial Aid Planning,Health Care Insurance,Retirement Planning,Investment Consulting & Allocation Design,Planning For Personal Finances & Budgeting,Asset Protection Strategies & Planning,Alternative Investments,Annuities,Long-Term Health Care Planning,Insurance & Risk Management Planning,Retirement Income Accumulation Planning

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QuoteLA Brokerage Insurance & Investments
(337) 456-3754
345 Doucet Road
Lafayette, LA
 
Moeller Insurance
(504) 495-8320
Ithaca St.
Metairie, LA
 
Insphere Insurance Solutions
(337) 849-6481
2701 Johnston St #219
Lafayette, LA
 
Patrick Coogan
9241 Bluebonnet Blvd. Ste. A
Baton Rouge, LA
Company
Title: President
Company: Champion Wealth Strategies
Education
LSU B.S.
Years Experience
Years Experience: 9
Service
Wealth Engineering,Pension for Highly Compensated Owners,Stock Market Alternative,Reverse Mortgage,Disability Insurance,Annuities,Alternative Asset Class Planning,Investment Consulting & Allocation Design,Planning For Personal Finances & Budgeting,Retirement Income Accumulation Planning,Portfolio Engineering,Mortgage Refinancing,IRA, 401k, Roth IRA, QDRO Rollovers,CD Alternative,Alternative Investments,Life Insurance,Investment & Portfolio Management,Long-Term Health Care Planning,Insurance & Ri

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Bryon J. Moeller Insurance
(504) 495-8320
Greenleaves
Mandeville, LA
 
Insphere Insurance Solutions
(337) 849-6481
2701 Johnston St #219
Lafayette, LA
 
Barry's Cash Cars
3118-323-1815
214 Louisville Avenue
Monroe, LA
 
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Reducing Long Term Care Health Insurance Costs

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Reducing Long Term Care Health Insurance Costs

In all cases when you buy insurance if you can reduce the risk to the insurance company, you can save money.

Here is a list of potential ways to save money on long term care health insurance:

  1. Find a group policy for long term care health insurance. Group coverage will always be less expensive. The risk for the long term care health insurance company is reduced because it is spread among the group. The challenge is that group policies may be restricted in what they cover. You can always supplement a group policy with some additional individual coverage, if you need it.
  1. Buy early. If you wait to buy long term care health insurance until you are in your 60's your premiums will be much higher. Premium increases are steep in this age bracket. Buying much earlier will not only save you money on a per premium basis, but may even save you money over the time you are insured. It also keeps you insurable. If you apply for long term care health insurance, and you are already elderly, you could be denied coverage.
  2. Buy a policy with a waiting period for benefit's. This is the same principle as buying auto insurance or home insurance with a deductible. You assume some responsibility for paying costs out of pocket and in return you get a break on your long term care health insurance premiums.
  3. You can also consider a long term care health insurance policy which only pays a percentage of the actual costs of care. This is another way to keep premiums lower.
  4. Always compare quotes. While you are comparing quotes, also compare long term care health insurance companies. The long term care health insurance company with the lowest premiums may actually have a track record of the most premium increases. Check all the factors which might affect you. If a long term care health insurance company increases premiums frequently, and you are buying insurance while you are young, you may more than make up the money you sav...

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Louisiana State Mandated Health Insurance Coverage

Medical insurance benefits that insurers must provide include: alcohol and substance abuse, ambulatory surgery centers, ambulance transportation and services, attention deficit disorder, audiologist, autism, bone marrow transplant, bone mass measurement, breast reconstruction, cancer pain medication therapies, cervical cancer/HPV screening, chiropractor, cleft lip and palate, clinical trial (cancer), colorectal cancer screening, dental anesthesia, dentist, dependent coverage (including newborns, adopted children, dependent/student adults, disabled dependent adults), diabetic supplies, drug abuse treatment, emergency room service, facility (public or other), family therapist, first nurse assistant, hearing aids for minors, infertility services, in vitro fertilization, mammography, marriage therapist, mastectomy (including minimum stay), maternity minimum stay, mental health, occupational therapist, off-label drug , optometrist, orthotics, physical therapist, PKU/metabolic disorder, podiatrist, prostate cancer screening, prosthetics, psychologist, rehabilitation service, social worker, speech therapist, step therapy, telemedicine, well child care

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