Updated: 5 Reasons why a 90-day Elimination Period usually makes the most sense: 1. Most medical insurance policies can pay up to the first 100 days in a skilled nursing facility. If you need rehabilitative care (e.g. physical therapy, speech therapy, etc…)...
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. Source: National Association of Insurance Commissioners A Shopper’s Guide to Long-Term Care Insurance 2009 The Elimination Period is...