What is Elimination Period?

julietegecy

I am planning to go for Long Term Care Insurance before purchasing policy I was reading few articles on it. But I am not able to understand the term “Elimination Period”. Could anyone please explain what is Elimination Period?

tessflores

I was reading about Long Term Insurance Care and came across this site. I am copy - pasting lines from this article. I hope it helps you. I found it on

www dot longermcareinsuranceplanners dot net

The elimination period is the time a person has to pay out-of-pocket for services before the long term care insurance takes over. Most will offer 90 day elimination or you could pay a higher premium for a zero day elimination period. The definition of elimination period varies with the long term care insurance companies. Some policies can require elimination to be met in a certain calendar period while others may require elimination to be consecutive days of care. Read and understand the elimination period in the contract.