More Coverage than Traditional Insurance
While traditional insurance and Medicare offer coverage for medical expenses and hospital stays, in many cases, they do not cover the costs of services related to long-term care after a hospital stay. In-home care services typically require full private payment, or are only partially covered through long-term care policies. This is where Connected for Life differs. As a member of this program offering Lifecare in your own home, you will have these services paid for up to a daily maximum. This guarantees that you won’t have to shoulder the burden of the cost of care like you would have to with traditional insurance.
Fees that are More Predictable
With Connected for Life, you pay a one-time membership fee and a monthly service fee as outlined in your membership agreement. While membership fees are subject to market increases over time, you will not have to pay more than your monthly fee should you need long-term care services. Your monthly fee will remain consistent regardless of the level of care you receive, whether at home or in a facility. This level of financial predictability is one of the major benefits of Connected for Life.
Limited Exposure to Financial Risks of Long-Term Care
Long-term care in Metrowest Boston can range from $140,000 to $190,000 per year. Connected for Life reduces your exposure to the financial risks of long-term care by assuming responsibility for the majority of the potential cost of care. We protect your assets from becoming vulnerable to rising healthcare costs, while ensuring that you have access to our extensive network of health aging services.
When Does My Coverage Begin?
Connected for Life coverage begins on the first day of your membership. There are no approvals, wait periods or lifetime limits – you will have immediate access to the healthcare services and resources you may need.
"As an estate planning and elder law attorney, I’ve seen first-hand what can happened when someone doesn’t plan. With planning and knowledge comes options, and Connected for Life is one of those options. As a partner in healthy aging, it helps you maintain your independence and provides resources and a plan for potential long-term care needs so that you can live a full life."
--Tiffany O'Connell, Principal Attorney, O'Connell Law