What is an elimination period? How does it work?

Preparing For Tomorrow podcast
27/10/2020 11 min Temporada 2 Episodio 4
What is an elimination period? How does it work?

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Episode Synopsis

This week, Mike in New Jersey asked how the elimination period works. Is it cumulative? Do I have to pay it every time I access LTC benefits? Diane affirms that many people are confused by the elimination period in a long term care insurance plan, and she shares how it is different than other deductibles used in other types of insurance. We'll send Mike a gift to thank him for bringing important questions and answers to our listeners. Ask your question at www.preparing4tomorrow.com so we can thank you, too.
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