|
Why do I need LTC?
Although
great advancements have been made in prolonging lives, many
will require some assistance in their later years for performing even
the simplest of everyday functions and activities such as eating, bathing,
dressing, etc. The need for such services is a full
time commitment that often the family cannot maintain on their
own. Whether it is geographically unfeasible or financially
devastating the family may not be able to provide the required
care needed for their loved ones. Long Term Care can
provide many of these needed services in an environment of your
choice whether it be in your own home, in an assisted living facility
or in a nursing home.
Interesting Statistics
Did you know that...
- Nearly 48% of people age 65 and older may spend some time in a nursing home
- Nearly 71% of people age 65 and older may use some form of home health care
- Medicare pays less than 2% of the costs with
the national average nursing home costing somewhere in the neighborhood
of $50,000 per year
Protect Your Assets, Plan Ahead!
Costs for such care will not be cheap. Some will use up their hard
earned savings, others will qualify for Medicaid (welfare), but most of us will
fall somewhere in between. We have worked hard all our lives and now
we can lose everything to a nursing home. The time to prepare for
the costs of these services is now!
A Long Term Care Insurance Policy can help
protect your assets from the rising cost of care, allowing you to remain
financially and socially independent. Long Term Care can help
stabilize not only your financial future, but also that of the ones you love.
| 
