Issue link: http://clhia.uberflip.com/i/405133
TABLE OF CONTENTS 1. THE BASICS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 The realities of canada's aging population . . . . . . . . . . . . . . . . . . . 1 Consider these important findings . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 This may surprise you . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 Planning ahead is not only for the aged . . . . . . . . . . . . . . . . . . . . . . 2 What is long-term care insurance? . . . . . . . . . . . . . . . . . . . . . . . . . . 3 2. PURCHASING LONG-TERM CARE INSURANCE . . . . . . . . . . . . . . . . 4 Types and costs of long-term care . . . . . . . . . . . . . . . . . . . . . . . . . . 4 Long-term care facility . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 What are the average costs of long-term care facilities in your province? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Home care . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 What are the average costs of private home care in your province? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 Home care provided by a family member . . . . . . . . . . . . . . . . . . 7 Who provides long-term care insurance? . . . . . . . . . . . . . . . . . . . . 7 How do you apply for long-term care insurance? . . . . . . . . . . . . . 8 How is my application for coverage assessed? . . . . . . . . . . . . . . . . . . 8 3. ASSESSING YOUR NEEDS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 Assess the sources of income in your later years . . . . . . . . . . . . 9 4. MAKING A CLAIM . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 When will benefits be paid? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Submitting your claim . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 5. CONSUMER ASSISTANCE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11