COLORADO SPRINGS âÂ In this Your Healthy Family, we are continuing our series on the challenges of caring for ageing parents. Â Ken Jensen owns Amada Senior Care in Colorado and recognizes for many families paying for that care is a big challenge.
Ken explains, âWhat most families donât understand is their mom and dad usually 20 years ago, bought an Â investment called long term care insurance. We at Amada are experts using those policies to help them pay for care.â
These long term care insurance policies can easily be overlooked, or children may not know their parents have them. Â Kens says, âMany military families when they were discharged from the military they were told, âyou have TRICARE for life, youâre going to have social security, youâre going to have income, but go buy long term care insurance because that will take care of youâ.â
Discovering these policies and benefits many people may not know are available is what any good senior care provider should help their clients with.
Ken says, âAt Amada we actually bill the long term care insurance company directly. Â They will then pay us directly so once we get through whatâs called the elimination period, that is like a deductible period, thereâs no more money out of pocket for a family.â
For Ken Itâs a matter of making sure that seniors get what they have often already paid for. Â âMost seniors donât ever even look at those policies. They just know they pay for them every month and so once they see what the value is and how it works, they are blown away. Â I have had seniors literally start crying, because they couldnât believe this investment they made 20 years ago is going to pay for 100% of their care, itâs amazing.â
If you have any questions or want to learn more about how Amada senior care works for their clients give them a call or visit their website (HERE).