filed against them. Also research what types of services the discount
card covers and whether your physician/dentist accepts the discount
card. Contact your state insurance department, attorney general's
office and/or Better Business Bureau for more information.
10. Consider purchasing long-term care coverage. This type of insurance
covers the cost of services for nursing homes, assisted-living
facilities and in-home caregivers when individuals are unable to
perform activities of daily living - such as eating, dressing and
bathing. However, long-term care insurance isn't for everyone. If you
are currently receiving Social Security or expect to have minimal or
no retirement savings, you will likely qualify for state aid and
should not purchase long-term care insurance. Be wary of advertising
that suggests Medicare is associated with a long-term care policy.
Medicare does not endorse or sell long-term care insurance.
ABOUT THE NAIC
Headquartered in Kansas City, Missouri, the National Association of
Insurance Commissioners (NAIC) is a voluntary organization of the chief
insurance regulatory officials of the 50 states, the District of Columbia
and five U.S. territories. The NAIC's overriding objective is to assist
state insurance regulators in protecting consumers and helping maintain the
financial stability of the insurance industry by offering financial,
actuarial, legal, computer, research, market conduct and economic
expertise. Formed in 1871, the NAIC is the oldest association of state
officials. For more than 135 years, state-based insurance supervision has
served the needs of consumers, industry and the business of insurance
at-large by ensuring hands-on, frontline protection for consumers, while
providing insurers the uniform platforms and coordinated systems they need
to compete effectively in an ever-chang
|SOURCE National Association of Insurance Commissioners|
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