What does a Long-Term Care policy mean in regards to “total amount of benefit dollars”?
When you purchase Pennsylvania Long Term Care Insurance, you are buying a bucket of money or a pool of dollars from which you can pay your Long Term Care expenses. This means that you will have a specific dollar amount available for reimbursement of your Long Term Care expenses. This pool of dollars for your care is based on your benefit period multiplied by your daily or monthly benefit amount. Your Long-Term Care Specialist will help you determine the benefit amount that is right for you.
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