Los Angeles, CA, August 02, 2014 --(PR.com
)-- Comparing long term care insurance costs is more than just looking at two numbers, it involves really understanding the nuances that go into policy comparisons according to the American Association for Long-Term Care Insurance.
To assist consumers considering this important protection the Association announced the launching of a new online educational forum. "Yesterday someone asked is they could health qualify after donating a kidney and today someone wanted to understand the difference between a Calendar Day Elimination Period and a Service Day EP," explains Jesse Slome, executive director of the Association, a national trade group focused on creating heightened awareness. Slome shared the launch of the new service with elite members of the organization.
"Having donated a kidney will not prevent you from health qualifying for long term care insurance," Slome shares. "With a Calendar Day Elimination Period the insured satisfies the deductible 30 days after the first day of long term care service where it could take two months or longer if the policy has a Service Day definition."
"Some insurance purchases simply require a cost comparison because there are no moving parts or policy language differences," Slome describes. "This is not true when it comes to long term care insurance and we strongly encourage comparison shopping but few consumers have the time or knowledge to really compare policies on their own. We are going to start and keep adding information to help consumers gain the knowledge they need."
The American Association for Long Term Care Insurance has the largest and most comprehensive website on the topic of long term care planning. The national organization that advocates for sound and responsible planning for the real risk of needing long term care services and answers consumer questions and helps individuals locate knowledgeable long term care insurance specialists. For more information visit their website at www.aaltci.org or call 818-597-3227.