Long Term Care, Health & Dental Insurance

Long Term Care Insurance

Long term care used to be thought of as care received in a nursing home. The definition has now expanded to include services that help people who may have limitations regarding their ability to care for themselves on a daily basis to help them live independently.

The type of care needed can fall into two areas

  • 1. Help with activities of daily living:
    • Eating
    • Dressing
    • Transferring
    • Toileting
    • Continence
    • Bathing
  • 2. Supervision due to cognitive impairment.

These services are generally not covered under typical health insurance or under our Medicare system.

The cost of residential nursing home care in the Northeast is the highest in the continental U.S. In many areas costs average from $250 to over $375 per day (Source: Genworth Cost of Care Survey 2018). You can help protect your assets and your family’s future from these high costs by purchasing long term care insurance. The Nathan Agencies offers competitive long term care insurance rates from major LTC companies.

Disability Insurance

How would you pay your bills if an accident or illness made it impossible for you to work? Many people do not have the proper coverage to protect them after an injury that leads to disability. If you are self employed, disability insurance is a particularly valuable product.

Disability insurance typically provides 50-60 % of your pre- disability income. Most of today’s contracts emphasize retraining and rehabilitation benefits. The hope is to allow you to return to a productive lifestyle as soon as possible. Disability insurance coverage may be part of an employee benefit package or purchased individually. Whatever your disability insurance needs, The Nathan Agencies can help.

For complete information on all of our life insurance, disability insurance and long term care insurance products, please contact our experts or call us at (413) 253-5555.

Health Insurance is Required in Massachusetts

Under a new state law, most residents of Massachusetts are required to purchase health insurance. If you cannot show proof that you have coverage in place by December 31, 2007, you will lose your personal exemption ($219) on your state income taxes filed in 2008. As of January 1,2008, the penalties add up one month at a time. The monthly penalty for 2008 can be up to ½ the cost of a monthly health plan premium.

Under the Health Care Reform Law, Massachusetts employers of 11 or more full-time- equivalent employees must offer a Section 125 Plan. Click here to find out more information.

Call us today at (413) 253-5555 or email our Health Insurance Specialist, Mike Doyle at mdoyle@NathanAgencies.com to learn how you can avoid this financial penalty and get the health insurance coverage you need to protect you in case of illness.

We work with these carriers to provide individual policies for our customers who are self-employed or who cannot obtain coverage through their workplace:

  • Blue Cross Blue Shield
  • Fallon Community Health Plans
  • Health New England
  • Tufts Health Plans
  • Harvard Pilgrim

Dental Insurance

Individual dental insurance coverage is limited in Massachusetts; most frequently, it is offered through employers. If you need this coverage, we can certainly send you information.

Contact our Health Insurance Specialist or call (413) 253-5555 to request a brochure.

In reference to general account obligations and guarantees, the ability for the insurance company to meet these obligations to policyholders are subject to sufficient capital, liquidity, cash flow and other resources of the insurance company.