Long Term Care

As you get older, there’s a good chance you’ll require some type of long term care services. Long term care provides assistance for you when you can no longer take care of yourself due to an accident, disability, or chronic illness. Long term care services are not typically covered by health insurance or Medicare and can include:

• In-home care
• Nursing home or skilled nursing facility care
• Assisted living facility care
• Adult day-care
• Alzheimer’s unit care
• Hospice care

Will you be able to afford long term care?

Long term care services are expensive:

• In 2008, the average cost to stay in a semi-private room in a nursing home for one year was $68,000.^* 
• The average cost of one year of in-home care was $18,000, assuming care was given by a home health aide about three times a week.* 
• Long term care costs increase about 4 percent per year.**

How can long term care insurance help?

Long term care insurance provides many benefits:

• Helps pay for the high cost of this care
• Protects your retirement savings
• Helps you stay at home for as long as possible
• Helps you avoid becoming a financial burden to your children

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