Long Term Care
Insuring your future ... TODAY!
Long Term Care
Insuring your future ... TODAY!
Today, the cost of nursing homes, assisted living, and elderly care is on the rise. Planning now will provide you and your family with the coverage you need to protect your assets and maintain the financial security that you need later in life. The realities of rising medical costs and longer lifespans make health insurance a major component of any sound financial plan.
Our extensive experience in the healthcare market leads us to recommend protecting your assets, health, personal freedom and dignity by using Long-Term Health Care. Most people are surprised to learn that it is a very real possibility and not usually covered by Medicare, public programs, or private insurance. Let us show you how planning can give you the comfort and coverage you need.
Speak with one of our Long-Term Care Specialists today and get a better understanding of your options. Find out from our team if long-term care insurance may be a good fit for you and your family.
Overwhelming Statistics*
- 52% of people who reach age 65 will need long-term care in
their lifetime.- 10% of Americans over age 65 have Alzheimer’s disease. This will increase to 33% among people ages 85 and older. Two-thirds of Americans with Alzheimer's are women.
- The average length of time spent in long-term care is an average of two years.
- The median yearly cost for weekday adult day care is $18,200.
- The median yearly cost for assisted living care is $45,000.
- 65% of unpaid long-term caregivers are female, and 25% of them are in the “sandwich generation,” meaning they provide care for their aging parents, as well as their children. Another 34% are over age 65 themselves.