NLIC.org

Gail Said:

Where can I get a good Long Term Care insurance policy?

We Answered:

You can look into Mutual of Omaha, and United American Insurance Company. Either one will be happy to talk with you.

Alfredo Said:

Which provides better health Insurance coverage? Traditional Medical Coverage or Short-Term Medical Coverage?

We Answered:

This is an excellent question!

In America people are purchasing "Short Term" Policies are opening themselves up to a "world of problems". You see in the United States we passed a law that enables employees be offered "Cobra" , Cobra is for your "protection". Let me give you a couple of "What ifs"
a. I go work for ABC Corp. and call up a few "slick" agents who sell healthcare and they sell me a Short Term policy, sounds great!..11months into the policy the Doctor discovers a tumor in my body, and says it is Malignant- I have cancer. So I call my short term company, and they say well your policy ends in 30days, I ask the company can I convert to a Permanente policy, and they say "NO", because of your medical conditions.
b. Second Ex. I sign up with my employers plan, and I am diagnosed 11months into the plan with Cancer, and I decide to quite employment, I am offered Cobra!. So lets keep going, lets say I pay for Cobra for 18months (until it ends) and I am still having Chemotherapy, and thus un-insurable by health companies. Here is the Good news!!!..I am eligible for HIPPA coverage !!!.."lifesaver"..any company offering health insurance will have to accept me into a HIPPA plan.

As you can see the only way a person can take a risk with a short term policy if they can "See the future".. and if your crystal ball shows you not needing any health services over your lifetime, then just refuse coverage!..

Do not trust any salesperson, read articles and do your research, Paul Zane's books are pretty good.