Baygroup Insurance

Maryland's premier Long-Term Care insurance agency

Baygroup Resources

Resources

We would like to provide you with as many useful resources as possible to expand your education about Long Term Care, Disability, Life, and Health insurance products.

Read articles from the web, case studies, and FAQs about each type of insurance.  For clarification of insurance terms, visit our glossaryContact us for answers to your questions and to gain a deeper understanding of these products.

Begin the conversation with your family about your preferences, evaluate public and private resources available to provide care.  Maryland Task Force on Long Term Care Education and Planning, which Melissa Barnickel was Chair, developed a Starter Kit.  Although this was developed for Maryland, all the information can be used for other locations.    Please contact us for a copy.

The Task Force considered options to educate and made recommendations regarding education methods that will “ensure that no Maryland resident reaches the age of 50 without having received complete information about the risk of needing long-term care and the private options available to pay for long-term care; and include information about the Maryland Medical Assistance Program (Maryland Medicaid), how the Program is funded, and whom the Program is intended to serve.”  The makeup of the Task Force deliberately includes public and private sector representatives.  To learn more, view the full report.  The appendix has a wealth of information!

We are proud members of the American Association for Long-Term Care Insurance and for more information on Long Term Care Insurance, visit their website where you'll find relevant data and information from a third party.

Plan to Educate all Marylanders by age 50 on the need to Plan for Long Term Care

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Melissa Barnickel was appointed to the Task Force on Long Term Care Education and Planning by Governor Larry Hogan and was subsequently elected chair by the other Task Force members. The committee's final report was submitted in October 2018. The purpose of the Task Force was to consider options to educate and make recommendations regarding education methods that will, "ensure that no Maryland resident reaches the age of 50 without having received complete information about the risk of needing long-term care and the private options available to pay for long-term care; and include information about the Maryland Medical Assistance Program (Maryland Medicaid), how the Program is funded, and whom the Program is intended to serve." 

 The Task Force provided 10 recommendations to create a sound foundation of vital education regarding LTC for the residents of Maryland using established infrastructure, cost effective techniques, and relatively short implementation timelines. One such recommendation is a starter kit on Long Term Care Education and Planning for people to begin a conversation with their family about their preferences, evaluate resources available to them to pay for their care.  See pages 69-78 if the report for the PLAN NOW Starter Kit.  

Shoppers Guide for Long-Term Care Insurance

A consumer guide to long-term care insurance and the insurance options to pay for an extended care event.  A detailed glossary is also included.

Consumer Guide to the Maryland Long Term Care Insurance Program

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Partnership Policies

In states where approved, partnership policies provide protection of one dollar of personal assets for every dollar the policy pays out in benefits.  The total assets retained as a result of a partnership-qualified policy are above and beyond all the regular resource allowances under the Medicaid program, including any assets the spouse may be allowed to keep. Purchasing a partnership policy does not guarantee qualification for Medicaid; in order to be eligible for Medicaid, all of the then applicable requirements must be satisfied.  All states have not agreed to reciprocity.  The policy must state that it is partnership-qualified to have this asset protection.  Not all policies sold in MD are partnership-qualified.  A Consumer  Guide to the Maryland Partnership Long-Term Care Insurance Partnership Program

Choosing a Medicare Supplement (Medigap) Policy

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This is a guide to health insurance for people with Medicare.  It defines what the policy is, what it will cover, your rights to buy a policy and also how to buy it.  As always, Baygroup is a ready resource to educate you.

The standardized plans are the same benefits regardless of insurance company.  Premiums do vary.  

In 2020, Plan F will be discontinued, however those with a Plan F policy will be able to keep their plan.  2019 Choosing a Medigap Policy: A Guide to Health Insurance for People with Medicare.

Medicare and You 2019

Consumer Guide to Life Insurance

This guide will provide you with basic life insurance educational information.