Insurance policies changing for long-term care

The policies for long term care are now changing as the cost of premiums begins to raise and the market is growing smaller. Many people, who are now in need of long-term care, are facing complications with the new policies.

Insurance companies are adjusting their plans for long-term care because people who develop long-term illnesses are living longer and therefore the claims on the insurance companies are lasting longer.

Many insurance companies have raised their premiums anywhere from 6 to 17 percent since 2011. Long-term care covers what regular insurance policies do not such as in-home care and nursing home costs.

If you or a loved one has been disabled and need long-term disability benefits, contact the Indiana long-term disability attorneys of the Hankey Law Firm by calling (800) 520-3633 today.