Spotlight On Advertiser: The Truth Behind Long-Term Rate Increases

Kimberly Akers, Owner and Certified Senior Advisor® with Amada Senior Care

Approximately 15% of seniors purchased a long-term care insurance policy in their 50s and 60s. These policies are a protection of assets and can be activated when non-medical care in the home is needed, assisted living, or memory care. Having these policies is definitely a wise move; however, there have been some shifts in the market and, now, insurance companies are sending out premium rate increase letters.

The experts at Amada Senior Care focus on non-medical care and long-term care insurance advocacy. Our team is able to walk through your policy, the suggested rate increase, and educate on the policy benefits, increase options, and what is happening in the senior care space. “We take the shock out of receiving the increase letter and just review the facts. We review the facts surrounding the policy, the benefits, the rate increase, and other options provided by the insurance company. With our educational approach to seniors, it allows people to make decisions based on the facts rather than emotions,” states Kimberly Akers, co-owner of Amada Senior Care. “Even if you have been fortunate not to receive a premium rate increase on your long-term care insurance policy, I advocate everyone to know about their policy before it is time to actually use or need it.”

“I knew Amada was the company we needed to guide us through the process. From helping us contact my parents’ long-term care insurance and handling all the logistics of that, plus connecting us with all the available outside resources that were able to help, to finding us a wonderful caregiver for my mother. Amada was prepared and ready to handle all aspects of the process so that I could concentrate on my mother. Thank you, Amada!” —Renee M.

Amada experts provide a free 45-minute consult that will help break down the rate increase with the benefits, and allow seniors and families to review the options so they can make solid decisions about the policy. Before changing or canceling the policy, call Amada Senior Care, serving the East Valley, at 480-999-5250,