Long Term Care is to any older adult like Halloween to children, SCARY. Nobody likes to even think about nursing homes. The reality is this, many people will have a need for it. Look at this new report from Metropolitan Life.

This brief article is not going to elaborate on the percentage of people in nursing homes, percentage that are women, percentage that is related to dementia, and on and on. You can find these disturbing statistics published everywhere. We will tell you that the COST of Long Term Care is expensive. In 2011, the average cost of a private nursing home according to MetLife’s report, is over $87,000!

Now understand, Long Term Care is NOT only nursing home care. It can be used for in home care too. Many people do not realize this, but it is one of the most important components of a LTC policy.

Long Term Care: Is it expensive?
YES, but compared to the cost of care, NO.

Is it difficult to understand?
Actually, LTC is not complicated. You just have to answer a few questions.

• How much do you want per day?
• How long do you want it to last?
• How long do you want to wait until you receive your benefit?

It is all the variables that make it seem complicated. On top of this, some states, New York included, have Partnership Programs that may be beneficial for some people’s circumstances.

INSURANCE & FINANCIAL SOLUTIONS THAT WORK

If you want an unbiased view about Long Term Care, Contact us.

We will help you understand the best way to purchase this insurance.