LET'S COMPARE LONG TERM CARE TO OTHER RISKS:
Did you know for every 1,000 people...
*Five (5) will have a HOUSE
FIRE --- Risk of 1/2%*
*Seventy (70) will have an
AUTO ACCIDENT --- Risk of 7%*
*Six-Hundred (600) will need
LONG TERM CARE --- Risk of 60%**
As you can see, this Long Term Care Risk is not something
take lightly. It will affect many people and their
The average annual cost nationally for nursing home
$46,000 or $127 per day for total costs.***
Over 40% of Americans receiving long-term
care are under
65 years old.****
WHO PAYS FOR LONG TERM CARE? YOU DO!!
Most hospital's, major medical and HMO's do not cover long
Medicare was designed to pay for hospital acute care costs and
than 2% of all nursing home costs nationwide, usually for skilled
care immediately following hospitalization.***
Medicaid does not pay for either nursing home care or other long term
are at the federal poverty level or not until you
"spend down" your
assets and meet
That leaves the responsibility for long term care costs with
you...or possibly with your family.
HOW COMMON IS HOME HEALTH CARE?
84% of all Long Term Care is done in the HOME! (According to
Planning, The Care Givers - From the National Long Term Care
In a recent survey of older Americans, it was found
that 78% of them
preferred to have out-of-hospital care done at Home rather
Studies show that for every Senior American receiving care in
a Nursing Facility, five others need similar care at Home.
One in every five people 75 to 84 and nearly 50% over 84 have
Alzheimer's disease. And 70% of people with Alzheimer's live at
Approximately 85% of older citizens who need some Home Care
aided by family members.
Older spousal caregivers are 63% more likely to die in a given
non-caring elderly. In fact, caregivers, at any age, are three times
likely to seek medical or psychological help for depression
According to the National Association of Insurance
moderate chronic Home Health Care can cost over $20,000
If you think you can ignore Long Term
Care in any form, you will most
likely find out you were WRONG!
At any time you can begin your multiple, no hassle Quotes
by filling in the box to the far right. We service all 50
states, ages 18-85!