Long-Term Care Insurance
Unfortunately, there may come a time—often due to old age, injury, or illness—where in order to remain in the comfort of our homes, extra assistance will be needed. In fact, according to a study by the U.S. Department of Health and Human Services, more than 70 percent of Americans over 65 years of age will need long-term care services. It’s important to consider how you might pay for in-home care for you or your loved one.
While Medicare may cover a very limited amount of in-home care, long-term health care is generally not covered by health insurance. Therefore, choosing to buy long-term care insurance can help you avoid depleting your life’s savings on living expenses.
Our home care offices are highly experienced in working with long-term care insurance. We help by assisting clients to provide the proper documentation so they can receive their benefits payout and working and collaborating with brokers locally to educate consumers.
For more information on costs, plans and comparisons of different insurers, we encourage you to visit The American Association for Long-term Care Insurance’s website.