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Long term care insurance is probably the last type of insurance any of us want to think about, yet according to statistics from the state of Oregon s Department of Insurance, just about half of all Oregon citizens will require some form of long term health care at some point in their life.

Long term care refers to any type of on-going assistance required for the normal chores of daily living, such as dressing, bathing, toilet functions, preparing and eating meals, walking, and other assorted functions.

Don t fall into the trap of believing that Medicare or Medicaid will take care of all of your long term heath care requirements after you hit the magical 65, because the truth of the matter is, Medicare pays for almost no long term health care whatsoever, and Oregon s Medicaid program pays for only a limited amount and will offer you no choice about the facility where you will possibly need to spend the last years of your life.

Finding low cost long term care insurance here in Oregon ca (more...)

First of all, what is health insurance?

Health insurance is basically a contract between you and an insurance company. The essence of it is, if you pay a certain amount to them per month they will pay your medical bills in the event that you have to see a doctor, have surgery, or have a course of prescription drugs.

What Kinds of Health Insurance are there?

There are basically two broad categories of health insurance: basic and major medical plans. Basic plans usually include hospital stays, surgeries, and emergency treatment. These types of plans usually pay one hundred percent of the costs incurred however their payment limit can be as low as $10,000 and often max out at $100,000 leaving the individual to cover all other costs.

Major health insurance usually includes hospital stays, surgeries, emergency treatment, prescription medications, x-ray and laboratory services, preventive care (for example yearly physicals), ambulance expenses, dental and mental heath care. Major hea (more...)