Is Live Well Right For Me?
Who is a candidate for Live Well at Home?
Reasonably healthy persons who are 55+ years and living independently may apply for membership. There is a one-time membership investment and monthly fee based on age and the membership option chosen. Fees are discounted for multiple members in the same household, as well as individuals who have current long-term care insurance.
How is Live Well at Home different from Long-Term Care Insurance?
Long-term care insurance providers are most interested in managing claims for the company, while Live Well at Home is concerned with managing care for members. The Live Well at Home continuum of care is more comprehensive than most long-term care insurance plans allow, and does not require members to meet stringent requirements for care. In addition, no doctor orders are required to receive care. Live Well at Home allows members to preserve assets by fixing costs of care for the long term. This is truly important as the cost of care rises in the future. Live Well at Home also differs from long-term care insurance in that it provides a Wellness Support Coordinator, who assists you and advocates for you in navigating the often complex and confusing world of healthcare.
Why would I join Live Well at Home instead of simply paying for skilled nursing care when I need it?
Today’s average cost of care for skilled nursing in our area is $240 per day, and is increasing rapidly. One year in a skilled care facility significantly exceeds the cost of most Live Well membership fees. Skilled nursing costs, not covered by Medicare, can add up quickly and present a financial hardship for many families.
Creating a Live Well plan today, when you’re healthy and able to make decisions, allows you to enjoy life with no worries about your long-term care needs in the future. You and your family have the peace of mind that resources are allocated to your care and a plan is completely in place.