Long Term Care

Long Term Care

Make sure after age 60 you are covered when you need home care or an assisted living facility.

An estimated four out of ten people will use a nursing home at some point after reaching age 65, and many more will need either home care or an assisted living facility (Kiplinger’s Retirement Planning, Fall 2005).

Nationally, the average annual cost for a private room in a nursing home is $74,806, reflecting a 5.5% increase over 2006 rates. (Genworth Financial 2007 Cost of Care Survey, conducted by CareScout, and independent research firm, March 2007).

Long Term Care can play a critical role, providing a variety of important benefits that Advanced Health Sales & Consulting can explain:

  1. It is insurance primarily designed to cover the costs associated with long term care, helping protect your assets for the purpose you intended.
  2. It enables you to participate in the choice of where you receive care, including in nursing homes, assisted living facilities, adult day care centers, and home settings – where many people prefer to stay.
  3. The cost of coverage is based on your age and health when you apply.  So, the younger and healthier you are, the lower your premiums may be.

Long term care insurance doesn’t replace what families do, but let Advanced Health Sales & Consulting show you how it can assist with care financially over the long term.