FAQ - Long Term Care Insurance

Long-term care insurance provides you control over your future.

While many people think that the government will provide them long term care, they should consider some of the dangers. Medicare will pay for only 100 days for nursing home care and you must be hospitalized before you can qualify for the benefits. Medicaid requires that you spend down your assets in order to qualify. With more and more people living to an age that may require assistance, it becomes increasingly important that you plan ahead for long term care. The younger you are when you purchase a long tem care insurance policy, the less expensive the policy will ultimately be. The long term care insurance policy will pay for nurses and therapists as well as personal care from health aides or housekeeper’s provided in your own home. Don’t let the future slip away. This information is general in nature and should not substitute for the advice of an expert in the field.