What is Long Term Care?Long Term Care is assistance provided to an individual when they are no longer able to care for themselves because of an accident, sickness, or the effects of aging.
Long Term Care Includes:
- Personal Care
- Bathing
- Dressing
- Nursing Care
- Medications
- Care Review
- Therapeutic and Rehabilitative Care
Will Long Term Care Affect me?The possibility that you or someone you love may need long term care in the future is a very real possibility when you consider:
- Two out of every five Americans may need nursing home care some time in their lives. (4)
- Nursing home care and its at-home counterpart are expensive. And it's getting more so every day:
- The average length stay in a nursing home is 2 1/2 - 3 years. (5)
- The annual cost of a nursing home stay is approximately $50,000. (6)
- Home care can also be very costly. Three home health visits per week can cost about $12,000 each year. (7)
- The average cost of one day of nursing care can be as low as $90, but can cost as much as $315. (8)
You may be asking yourself: how can I afford such costs? Do I really need long term care insurance? Won't Medicare cover care? Can't I stay at home with my family?
Consider this page as an invitation to take an honest look at all the facets, not only of long term care insurance, but also of your own situation: yourself, your loved ones and your hopes for the future.
Contact us about Long Term Care
(4) The Looming Crisis: 15 Questions About Long Term Care, American Health Care Association, September 1998, p. 1
(5) Cericola, Sandra A., "Factors to consider when choosing long-term care insurance", Plastic Surgical Nursing, Fall 2000, p. 4
(6) AARP, "Paying for Long-Term Care" August 2000, p. 1
(7) Ibid
(8) AARP, "To Buy or Not to Buy" May-June 2000, p. 5
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