The Claims Process for Long-Term Care Insurance, with Eileen Dunn: Long-Term Care Series, Part #4

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