Long Term Care in Canada
70 Questions
5 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What has led to the increased opportunity for selling long term care insurance in Canada?

  • Misconceptions about long term care
  • COVID-19's impact on Canada's long term health care system (correct)
  • The Canada Health Act
  • The evolution of long term care in Canada
  • What is one of the reasons why Canadians are now looking to purchase long term care insurance?

  • To understand the evolution of long term care in Canada
  • To debunk misconceptions about long term care
  • To better understand the Canada Health Act
  • To finance their long term health care needs (correct)
  • What will be discussed in the webinar?

  • The Canada Health Act
  • Misconceptions about long term care
  • The evolution of long term care in Canada
  • All of the above (correct)
  • What is one of the challenges for agency clients regarding long term care insurance?

    <p>Confusion about the product</p> Signup and view all the answers

    What area will be discussed in relation to government subsidies?

    <p>A critical area</p> Signup and view all the answers

    Which of the following is a reason why Canadians are now interested in purchasing long term care insurance?

    <p>The impact of COVID-19 on Canada's long term health care system</p> Signup and view all the answers

    What is one of the challenges for agency clients regarding long term care insurance?

    <p>The complexity of long term care insurance policies</p> Signup and view all the answers

    What will be discussed in the webinar?

    <p>The evolution of long term care in Canada</p> Signup and view all the answers

    What is one aspect of long term care planning that will be discussed in the webinar?

    <p>The challenges of financing long term care in Canada</p> Signup and view all the answers

    What is the result of COVID-19 on Canada's long term health care system?

    <p>The increased concern and interest in long term care insurance</p> Signup and view all the answers

    What percentage of Canadians have access to integrated palliative care?

    <p>15%</p> Signup and view all the answers

    Why do Canadians perceive the premiums for long term care insurance as too high?

    <p>Inadequate government funding</p> Signup and view all the answers

    What is the most significant cause of disability among Canadians aged 65 and over?

    <p>Alzheimer's Disease/Dementia</p> Signup and view all the answers

    What is the main reason for the increased opportunity for selling long term care insurance in Canada?

    <p>Aging population</p> Signup and view all the answers

    What does the LTCi help pay for?

    <p>Extended physical or cognitive care</p> Signup and view all the answers

    What is the result of inadequate subsidized home care in Canada?

    <p>Over 430,000 adult Canadians with unmet home care needs</p> Signup and view all the answers

    What is the main consequence of the 13 different health insurance programs in Canada?

    <p>Confusion about long term care services</p> Signup and view all the answers

    What has contributed to the situation of over 40,000 Canadians being on wait lists for long term care/nursing homes?

    <p>Unmet home care needs</p> Signup and view all the answers

    What is the role of LTCI in Canada according to the text?

    <p>Addressing inadequacies in the long term care system</p> Signup and view all the answers

    What has been the impact of COVID-19 on the need for long term care insurance in Canada?

    <p>Decreased interest in purchasing LTCI</p> Signup and view all the answers

    What is a common misconception about long term care according to the text?

    <p>The government provides free care for all long term care needs</p> Signup and view all the answers

    What is the reality about Canadians' understanding of long term care costs based on the text?

    <p>Canadians have no idea about long term care costs and have made no provision for it in their retirement planning</p> Signup and view all the answers

    According to the text, what percentage of people receiving long term care are adults under the age of 64?

    <p>40%</p> Signup and view all the answers

    What does the text suggest about the societal attention towards long term care in Canada?

    <p>There has been too little societal attention put towards long term care in Canada</p> Signup and view all the answers

    What is the primary source of funding for long term care, as mentioned in the text?

    <p>Provincial and territorial health insurance plans funded by health transfers from Ottawa</p> Signup and view all the answers

    What is the result of the inadequate subsidized home care in Canada?

    <p>Increased demand for nursing homes</p> Signup and view all the answers

    What is the primary source of funding for long term care, as mentioned in the text?

    <p>Provinces' health insurance programs</p> Signup and view all the answers

    What has led to the increased demand for selling long term care insurance in Canada?

    <p>Inadequate, fractured care in long term care facilities</p> Signup and view all the answers

    What is the most significant cause of disability among Canadians aged 65 and over?

    <p>Long term care needs</p> Signup and view all the answers

    What does the Long Term Care Insurance (LTCI) help pay for?

    <p>Home care services</p> Signup and view all the answers

    What is the reality about the government paying for long term care in Canada?

    <p>The government subsidizes a few hours of home care daily and nursing home care, but the resident is responsible for accommodation costs.</p> Signup and view all the answers

    What is a common misconception about long term care according to the text?

    <p>Many Canadians believe that long term care costs are fully covered by the government.</p> Signup and view all the answers

    What is the main consequence of the fragmented continuum of care in Canada?

    <p>Unequal and inconsistent access to necessary services across Canada.</p> Signup and view all the answers

    What does long term care planning help clients with?

    <p>It integrates the funding of long term care into a financial/retirement plan.</p> Signup and view all the answers

    What are some factors that determine how much money an individual will need for long term care?

    <p>Present health, future health, and current financial situation.</p> Signup and view all the answers

    What is a key reason why only about 15 per cent of Canadians have access to integrated palliative care?

    <p>Inadequate insurance coverage for palliative care</p> Signup and view all the answers

    What is the primary reason for the stalling of Long Term Care Insurance (LTCi) in Canada, according to the text?

    <p>Difficulty in determining long term care risk</p> Signup and view all the answers

    What is a significant factor contributing to the increased opportunity for selling Long Term Care Insurance (LTCi) in Canada?

    <p>Aging population and increased care needs</p> Signup and view all the answers

    What is one of the reasons why long term care planning is not just about a product, according to the text?

    <p>Variation in care and subsidies by province</p> Signup and view all the answers

    Which factor has led to the societal attention towards long term care in Canada, as mentioned in the text?

    <p>Shift in Canada's population demographics</p> Signup and view all the answers

    What is a common misconception about long term care according to the text?

    <p>The government pays for all long term care costs</p> Signup and view all the answers

    What is the primary source of funding for long term care, as mentioned in the text?

    <p>Provincial and territorial health insurance plans</p> Signup and view all the answers

    What does the Long Term Care Insurance (LTCI) help pay for?

    <p>Accommodation fees in nursing homes</p> Signup and view all the answers

    What has led to the societal attention towards long term care in Canada, as mentioned in the text?

    <p>A lack of attention put towards LTC in Canada</p> Signup and view all the answers

    What is one of the challenges for agency clients regarding long term care insurance?

    <p>Confusing terminology and fees across different provinces</p> Signup and view all the answers

    What is the primary factor contributing to the increased interest in purchasing long term care insurance in Canada?

    <p>Increased stress on family caregivers</p> Signup and view all the answers

    Why do Canadians perceive the premiums for long term care insurance as too high?

    <p>Difficult to determine long term care risk</p> Signup and view all the answers

    What has led to the increased demand for selling long term care insurance in Canada?

    <p>Canada's ageing population</p> Signup and view all the answers

    What is the most significant cause of disability among Canadians aged 65 and over?

    <p>Alzheimer’s Disease/Dementia</p> Signup and view all the answers

    Why is long term care planning not just about a product, according to the text?

    <p>Long term care is not just about a product, it’s about planning</p> Signup and view all the answers

    What is the primary goal of Long Term Care Planning according to the text?

    <p>To help individuals prepare financially for long term care needs</p> Signup and view all the answers

    Why has Long Term Care Insurance (LTCI) stalled in Canada, according to the text?

    <p>High premiums making it unaffordable for most Canadians</p> Signup and view all the answers

    What is the main consequence of the fragmented continuum of care in Canada as mentioned in the text?

    <p>Inadequate and fractured care for individuals</p> Signup and view all the answers

    What has led to the increased demand for selling Long Term Care Insurance (LTCI) in Canada?

    <p>Increased awareness about the benefits of LTCI</p> Signup and view all the answers

    What is the primary source of funding for long term care as mentioned in the text?

    <p>Private funding through Long Term Care Insurance (LTCI)</p> Signup and view all the answers

    What has contributed to the situation of over 40,000 Canadians being on wait lists for long term care/nursing homes?

    <p>Inadequate subsidized home care, leading to people being forced into nursing homes</p> Signup and view all the answers

    What is the primary source of funding for long term care as mentioned in the text?

    <p>Acute hospital and physician care</p> Signup and view all the answers

    What is one of the reasons why Canadians are now looking to purchase long term care insurance?

    <p>Inadequate, fractured care in long term facilities</p> Signup and view all the answers

    What is the main consequence of the 13 different health insurance programs in Canada?

    <p>Confusion about long term care services</p> Signup and view all the answers

    What is the result of inadequate subsidized home care in Canada?

    <p>Forcing thousands into nursing homes</p> Signup and view all the answers

    What is a key factor contributing to the increased demand for Long Term Care Insurance (LTCI) in Canada?

    <p>Decreased federal health care funding not matching population ageing</p> Signup and view all the answers

    What is the primary impact of COVID-19 on Canada's long term health care system?

    <p>Shortage of health care workers</p> Signup and view all the answers

    What is a common misconception about long term care planning and insurance according to the text?

    <p>Government will fully cover long term care costs</p> Signup and view all the answers

    What does the Long Term Care Insurance (LTCI) primarily help pay for?

    <p>Care at a facility or in a home</p> Signup and view all the answers

    What is the most significant cause of disability among Canadians aged 65 and over?

    <p>Alzheimer’s Disease/Dementia</p> Signup and view all the answers

    What is a common misconception about government payment for long term care?

    <p>The government fully covers the cost of long term care for all citizens</p> Signup and view all the answers

    What is a reality about Canadians' understanding of long term care costs?

    <p>Nearly three-quarters of Canadians have no idea about the costs of long term care</p> Signup and view all the answers

    When should individuals start thinking about long term care planning according to the text?

    <p>Before they need it, while they are still physically and cognitively able to plan</p> Signup and view all the answers

    What is a common misconception about the need for long-term care?

    <p>Many Canadians believe they will never need any form of long-term care</p> Signup and view all the answers

    What is the primary consequence of the fragmented continuum of care in Canada according to the text?

    <p>Unequal and inconsistent access to necessary services across Canada</p> Signup and view all the answers

    More Like This

    Long-Term Care in Canada
    15 questions
    Long-Term Care Facilities Overview
    100 questions
    Long-Term Care Facilities Overview
    60 questions
    Use Quizgecko on...
    Browser
    Browser