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SCS Long Term
Care Insurance Information
Nurses
and other professionals that work with Senior Care Solutions, Inc. know
that one of the most devastating issues a family can experience is trying
to figure out how to pay the exorbitant costs of Long Term Care.
Many people believe that when the time comes, they will rely on the government (Medicaid) to pay for their care. However, as the baby-boomers age, the cost of care will out-weigh our government's resources. It is important to plan ahead, and insure yourself against the cost of Long Term Care in the future.
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Know the Facts: In a recent survey by the American Health Care Association, 76% of the people surveyed said they do not expect to need long-term care in the future! Unfortunately, many people do not plan for long-term care. Instead, families would "crisis manage" when a family member needed constant care. Today, most seniors are aware Medicare pays very little for long-term care and Medicaid only pays when you are impoverished. Most people's savings plans can not withstand one to two years of long-term care costs. If
you are like most seniors, long-term care cost is the only major
catastrophe left with no plan. Most people have insurance for: The Insurance Portability and Accountability Act of 1996 makes it a federal crime to "knowingly and willfully" transfer financial assets in order to qualify for Medicaid coverage for nursing home and other long-term care services. 70% of those in nursing homes nationwide are on a welfare program called Medicaid. Once on Medicaid, your choices for care are limited to facilities that have chosen to participate in the program. What's
Your Plan? |
- Today, the cost
of care exceeds $50,000 per year whether you are in a nursing home,
or at home receiving care.
- Traditional health
insurance and Medicare were never designed to pay for Long Term Care.
- It is estimated that half of women, and one third of men will need Long Term Care in their lifetime.
Today, Long Term Care Insurance covers the cost of in-home care, adult day care, nursing home care, and assisted living. Therefore, if you do not want to end up in a nursing home situation, and you would prefer to stay at home and receive care for as long as possible, consider Long Term Care Insurance.
This is a product that we as nurses fully advocate, and a service that we proudly provide to our clients if appropriate.
Check out the calendar section of our website for dates and times of seminars that we provide to the public free of charge. Sometimes free dinner or lunch is included.
If you would like a free quote on Long Term Care Insurance coverage for yourself, and your spouse, please fill out the form provided, and we will email you a quote, or stick in the US Mail to you as soon as possible.
