Long-term Care Insurance Protects Your Assets and Your Legacy
Individuals need long-term care when an accident or chronic illness limits their ability to carry out basic self-care tasks, called Activities of Daily Living (ADLs). Long-term care often involves the most intimate aspects of peoples lives – personal hygiene, getting dressed, and using the bathroom. Most people want this type of care to take place in their homes.
Congress has made it clear! With the recent passing of Deficit Reduction Act, the Federal government is clearly signaling that the future burdens of long term care costs are shifting towards elderly individuals and their families.
Do you know someone who has faced the consequences of caring for an elder parent or loved one? Are you looking for a solution for your own long-term care needs? DO NOT WAIT! It will only get more expensive.
What you should know.
- 70% of all Americans over 65 will require some form of long-term care at some point in their lives.
- Most Americans want to have long-term care administered in their homes.
- 35% of individuals who enter a nursing facility will stay between 1 to 5 years.
- In California, average nursing facility costs increased to $210 per day, or $75,600 per year in 2008.
- 21% of individuals in a nursing home will remain longer than 5 years.
- 53% of those needing long-term care assistance are working-age adults, 18 – 64 years of age
- 47% of those needing long-term care are 65 years or older.
- Medicare pays little, if any, long-term care expenses.
- Long-Term Care insurance will protect you and your family from devastating LTC expenses.
- The California Partnership for Long-Term Care is a revolutionary program designed to help California families protect their assets and successfully address long-term care issues.
What you should do.
- Contact us. We will email you a “Quick Quote” form. We will then generate side-by-side comparisons of the coverages from the major carriers and email them to you along with a free Long-Term Care information package at no obligation.