Zero-Day Home Care Elimination Period = A feature in a long-term care insurance policy that waives the elimination period for qualified care received at home. The policy can pay benefits for the first day of qualified care received at home.
Elimination Period = The number of days you receive qualified care before your long-term care policy will begin to pay benefits. The Elimination Period is similar to a deductible. The shorter your Elimination Period, the higher the premium. The longer the...
Mark H. Covey, CLTC, CSA
Member of Dave Ramsey’s Endorsed Local Provider Program