Warning - Some Things Your Health Policy Will Not Pay For
There are Certain Types of Medical Treatment Not Covered by Your Health Policy
When a serious medical need arises there are often multiple stages that one goes through on the path to recovery. For instance, a stroke victim may stay in a hospital for several days but then will be released to either the care of a family member or to a skilled care facility. Why? There is an indefinite period of time after a stroke that a stroke victim needs assistance with many daily activities. The hospital stay is part of health insurance. The assistance with daily activities is not part of a health insurance policy.
Example of possible needs beyond health insurance
- Acute Care – medical care aimed at treating physical problems directly in an attempt to permanently cure or control them. This is typically covered under a health policy.
- Skilled Nursing Care – services for those who require ongoing medical or nursing care; or rehabilitation services for the rehabilitation of injured, disabled, or sick persons. Some health insurance policies offer limited care in a skilled nursing facility, typically 20-60 days. Some do not include coverage for it at all.
- Long term care (LTC) – This type of care is not part of a health insurance policy. Insurance coverage for this is called LONG-TERM-CARE insurance. The goal of LTC is not to cure an illness, but to allow an individual to attain and maintain an optimal level of functioning. This type of care is designed to meet the medical, personal, and social needs of those who cannot fully perform many daily activities. When something happens that limits a person’s ability to carry out basic self-care tasks, LTC is needed. (The average annual cost to care for someone with a LTC need is between $30,000 and $70,000 annually. That’s why we all should have some type of LTC insurance coverage.)