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Long Term Care
Insurance

Thinking Ahead

What is long term care (ltc) insurance

Are you looking for an insurance designed to pay for expenses you’ll incur if you are unable to care for yourself and need support? You should be concerned because no other insurance, including Medicare, pays for this kind of care and an unfunded Long-Term care event can ruin even the most carefully constructed financial plan. Learn more about Long Term Care insurance and why you may need it.

70% of People Over 65 will need Long Term Care*

If you’ve had a loved one who needed professional care, either from a nursing facility, assisted living center, or at home, then you may know how devastating the expenses can be. Consider these numbers:

  • Over the last 20 years, the cost of Long Term Care has doubled
  • After you turn 65, you have a 70% chance of requiring Long Term Care
  • A 1 year stay in a facility costs $71,512 on average
  • The average stay in a facility is 3 years
  • Medicare, in total, pays only about 10% of Long Term Care costs

*Source: ASPE Research Brief Revised Feb 2016

CONTACT US FOR HELP WITH LONG TERM CARE INSURANCE

Medicare Pays For Only
About 10% Of LTC Costs

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MEDICARE: We do not offer every plan available in your area. Currently we represent 5 organizations which offer 35 products in your area. Please contact Medicare.gov, 1-800-MEDICARE, or your local State Health Insurance Program (SHIP) to get information on all of your options.. TTY Access: 711

For a complete list of available plans, please contact 1-800-MEDICARE (TTY users should call 1-877-486-2048), 24 hours a day/7 days a week or consult medicare.gov. Please note that each insurer has sole financial responsibility for its products. Not connected with or endorsed by the U.S Government or the federal Medicare program. This is a solicitation of insurance A licensed insurance agent/producer may contact you.

Complete Senior Consulting represents Medicare Advantage [HMO, PPO and PFFS] organizations [and stand-alone PDP prescription drug plans] that have a Medicare contract. Enrollment depends on the plan’s contract renewal.

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