Long Term Care Insurance
With Baby Boomers reaching retirement and Americans living longer than ever, Long Term Care Insurance should be part of your retirement plan, specifically for those close to retirement and those who will need to take care of senior family members over a long period of time. Long Term Health Care Insurance protects you, as well as your family, in the event that extended health care is needed in your lifetime.
Long Term Care Insurance Covers:
- Daily activities such as bathing, eating, dressing
- Skilled nursing care or rehabilitation training either in a nursing facility or at home
- Cognitive impairment such as Alzheimer’s and deals with care-oriented conditions, not cure oriented
Many people are under the impression that Medicare, Medicaid or their health insurance will pay their Long Term Care costs.
- Medicare has eligibility requirements for skilled nursing care only and is for a limited time period.
- Medicaid is a welfare program. It will NOT cover long term health care costs for the average American.
- Health insurance and medical supplements DO NOT cover nursing home care.
- Individuals and families through their savings, assets, and cash pay most of the Long Term Care costs.
Local long term care can protect your family from the burden of expensive long term care costs.
If you would like to learn more please attend one of your free online webinars and get all your questions answered:
