When it comes to long-term planning, the realist has an edge. No one wants to think about the prospect of his or her own failing health, but considering it now, in the short run, may make your future more comfortable and secure. One of the most important realities to face is that as people's longevity has increased over the latter half of the last century, so has the need for long-term care (LTC). While the services available for assistance, such as nursing homes, assisted living facilities (ALFs), adult day-care centers, and in-home care options, have expanded and improved to keep pace with the "graying of America," public programs and private health insurers have not necessarily adjusted to make long-term care a funding consideration.

They say approximately one in every three people will need some form of long-term care (LTC).  That?s a very scary statistic that, alone, should be enough to make you want to call us to discuss the policies available and see how you might qualify.  A lot of people also think that Medicare will cover them.  Medicare only has limited benefits and will not cover long-term home health care or nursing home.  Don't say, "My spouse will take care of me" either.  Remember, they will have aged, as well, and might not be able to pick you up, bathe you, etc.  Did you mention the children?  Most children have active lives and families of their own and would not be available to handle all your medical needs without major inconveniences to their lifestyle.  (And, would you really want your spouse or child helping you bathe, dress, etc.)

What is long-term care?  Insurance that pays to get the help you need when you can no longer do your "Activities of Daily Living" (ADL's) like eating, bathing, dressing, continence, transferring or if you have a cognitive impairment like Alzheimer's.

You can choose from plans with home health care, assisted living, nursing home and hospice benefits.  Choose the duration of the plan from two-year to lifetime benefits. 

By the way, like most types of insurance, the premium is less when you are young and healthy and stays at the age when you apply.  Even if your heath is not perfect, please give us a call so we can discuss and, hopefully, customize a plan to fit your needs and budget.  

Please Contact Us Today For More Information or call us at Mel Wolf & Associates today at 954 749-3936.