For Home Care Providers, There’s Untapped Potential In Long-Term Care Insurance

Medicare Advantage (MA) has garnered attention as a potential revenue source for home care providers, while long-term care insurance (LTCI) has remained relatively overlooked. Recently, home care providers have shown growing interest in LTCI plans and the untapped opportunities they present. Dr. Char Hu, CEO of The Helper Bees, emphasizes the substantial potential of LTCI, offering favorable reimbursement rates for services. However, the challenge lies in bridging the gap between national health plans and fragmented provider networks. The Helper Bees aims to address this disparity by connecting with multiple providers to maximize the benefits of LTCI in the home care sector.

Medigy Insights

Medicare Advantage (MA) has garnered attention as a potential revenue source for home care providers, while long-term care insurance (LTCI) has received comparatively less focus. Home care providers have recently shown increasing interest in LTCI plans due to their untapped potential. Dr. Char Hu, CEO of The Helper Bees, highlights the significant prospects of LTCI, offering favorable reimbursement rates. However, the challenge lies in integrating national health plans with fragmented provider networks. The Helper Bees endeavors to address this disparity by collaborating with multiple providers to optimize LTCI benefits in the home care sector.

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