Long-Term Care Introduction
Many people mistakenly think health insurance or Medicare will pay for any long-term care services they may need at some point. If you develop a chronic illness or become disabled and are unable to care for yourself for an extended period of time, you’ll need long-term care services.
How Much Does Care Cost?
Long-term care services, whether obtained in a nursing home full-time or in your house a few days a week, can cost a considerable amount. But prices vary widely throughout the country due to cost of living differences, state and local regulations and other factors.
Who will care for you when you can’t care for yourself? Long-term care includes all the assistance you would need with daily living tasks if a chronic illness or disability leaves you unable to care for yourself for an extended period of time.
How Do I Get Protection?
The best way to ensure that you’ll have access to high-quality long-term care services is to have long-term care insurance coverage. There are two main ways to get coverage – buy it on your own or obtain it through an employer-sponsored insurance program ...
Boomer Esiason’s realLIFEstory
MVP Quarterback and Sportscaster Boomer Esiason has a passion for life insurance. His mother passed away from cancer while he was just 7, and he has spoken extensively about how money was tight growing up because of it.
Who Needs It?
If you can afford long-term care insurance, you should probably consider it. Why? Because the cost of long-term care, should you need it, can quickly deplete your life’s savings. Long-term care insurance isn’t only about money. It’s also about peace of mind.