Rhode Island Long Term Care Insurance, Costs & Partnership Information

According to the census conducted last 2007, Rhode Island has a population of 1,045,570. Out of the 1,045,570 residents, 130,730 of them are 65 years old and above which is equivalent to 13%. This is probably the reason why the public and private communities devised quite a number of programs which main goal is to educate senior citizens about healthy living and different ways to avoid diseases and disabilities. The government also jumped on the wagon of designing programs for the elderly.

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Programs Available in Rhode Island

One of the programs designed for the betterment of long term care in Rhode Island is named Rhode Island Fall Prevention Partnership. The name speaks for itself when it comes to its main concern. Statistics show that fall is one of the major causes of medical disabilities. This is the reason why the members of this partnership deem that it is important for the elderly of Rhode Island to become aware of how severe the effects of falls can be. This program is sponsored by the Long term Care Coordinating Council and is composed of different foundations, associations and councils whose main focus is the care of the elderly of the state of Rhode Island. It is also supported by the government since two of its members are the RI Department of Elderly Affairs and the RI Department of Health.

Another program worth mentioning is actually a program that is funded by the government itself. The name of the program is the Annual Medicare Enrollment Event. As the name states, it is an annual event where in people are encouraged to meet at a plaza where agents are waiting. Consider this as a form of group therapy for people who are not even considering getting a Medicare Prescription Drug Plan either for themselves or for their loved ones. Residents who want to talk to people who are also looking for plans can meet up and talk all they want.

These are only two of the many programs in Rhode Island which are concentrated on the elderly. Even though these programs seem to be entities of their own, they still play a valuable part in the relationship of the residents of Rhode Island and different long term care plans simply because programs like these help promote the importance of getting a long term care plan. The advertising capabilities of these programs prove to be more than effective since there has been an increase in the number of residents who are purchasing long term care plans. It is due to this increase that the costs of these plans became diverse to suit all the residents of Rhode Island, no matter which part of the state they come from. The 2010 median costs can be clearly seen in the table below.

Region	Home Health Aide Hourly Rate (Medicare Certified)	Assisted Living Facility Monthly Rate (Private room)	Nursing Home Daily Rate (Semi-private room)	Nursing Home Daily Rate (Private room)
Providence - New Bedford - Fall River	$25	$4,000	$275	$293

The Rhode Island Long Term Care Insurance Partnership Program

May 15, 2007 marked the approval of legislation in the senate in which the target is the protection of the residents of Rhode Island who need services for their long term care. The approval allowed residents of Rhode Island to have a much needed Long Term Care Insurance Partnership which means that residents don't have to spend their money until they are qualified as "poor" just so that they can apply for Medicaid benefits. This allows residents who already have a long term care insurance policy or those who are just about to get one, to become eligible for a Medicaid program once they have used up their benefits. Although residents have to use their own money to pay for some of the medical costs, they won't have to spend it down to poverty level. This allows Rhode islanders to save a lot of money and protect their hard earned assets as well.

The partnership is already working well in other states namely New York, Indiana, California and Connecticut. The same result is expected once it is implemented in the state of Rhode Island. The bill now moves a notch to the senate where in it will stay for consideration.

Rhode Island Long Term Care Insurance References

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