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May 13, 2003 at 08:00 PM
NU Online News Service, May 13, 2003, 11:53 a.m. EDT – The Canadian arm of UnumProvident Corp., Chattanooga, Tenn., has started selling individual long-term care insurance in Canada.
Canada has a national health insurance program that pays for major medical expenses. But Canada defines ordinary long-term care as “custodial care,” and the health insurance program foots only part of the bill for custodial care, UnumProvident says.
Canadians pay about $7 per hour in U.S. dollars for homemaking services, about $16 per hour for home health care aide services, and about $80,000 per year for 24-hour, in-home nursing services, UnumProvident says.
