in CA the Genworth policy automatically comes with zero day ep for hhc. you have to reject zero-day hhc ep on the app in order for it to not be included.
Do you really want a relative to take care of you if you need care?
Med America Vs Genworth
- Thread starter csalter
- Start date
in CA the Genworth policy automatically comes with zero day ep for hhc. you have to reject zero-day hhc ep on the app in order for it to not be included.
Do you really want a relative to take care of you if you need care?
- Thread starter
- #22
I am not saying that I want to necessarily have a family member care for me, but a lot would depend on the situation. For example, my niece pretty much ook care of my dad for two years. She is a stay at home wife, but she had kids. As she helped care for my dad, it would have been great to have compensated her in some way since she has a family.
I suspect that a family member cared for your dad because your dad did not have long-term care insurance and couldn't afford to pay outside help.
right?
- 2,584
Do you have a family member in mind right now, that would be available, say 20 to 30 years from now to care for you?
- Thread starter
- #25
No, but I might be able to in 20 or 30 years. I am not sure of the point. The fact is that I would have the flexibility to get the care needed as necessary.
- 2,584
With reimbursement plans you can also get care needed as necessary.
If you want a family member to care for you and don't have one, the flexibilty wasn't that useful.
- Thread starter
- #27
So I guess in your opinion, it would not be worth the change?
Someone in front of their quote app may be able to answer this more definitively but have you looked at TransAmerica? They may offer the best of both worlds....10 times daily as a monthly cash benefit plus traditional coverage. Can be close to GW on price depending on riders though I haven't looked re: this case's specifics....that would require me moving.
- Thread starter
- #29
Someone in front of their quote app may be able to answer this more definitively but have you looked at TransAmerica? They may offer the best of both worlds....10 times daily as a monthly cash benefit plus traditional coverage. Can be close to GW on price depending on riders though I haven't looked re: this case's specifics....that would require me moving.
When we did the apples to apples, TransAmerica was more expensive than MedAmerica so the agent and I took them off the list as possibllities. MedAmerica was the most competitive to Genworth.
For someone that was so worried about Genworth's financial ratings, it is sort've ironic you are considering replacing your coverage with a contract underwritten by a company with even lower financial ratings than Genworth.
