Long Term Care

What if a life changing event occurred in your family today and you are faced with an unexpected monthly cost of $3,500 to $6,000 to provide care?
 
What happens, and who pays?
 
The unannounced event such as a stroke, being diagnosed with Alzheimer's, or just plain getting old and not being able to take care of yourself (bathing, dressing, toileting, transferring, feeding) often results in the need for custodial care (a.k.a. not covered.)
 
What if is happens to your family? 
  • Do you have the extra savings to afford to pay for the cost of custodial care?
  • If it happens to mom and dad, do they have the financial resources or will you need to help out?
  • Is the wife or daughter ready to be a caregiver or would you prefer someone else to handle the personal needs of your loved one?
Not the prettiest picture or the nicest thing to think about, but a potential reality. If you plan on living a long life, you may need help one day. Unfortunately, it is common that folks don't give it much thought until it happens.
 
If you have questions about who pays: Medicare, Medicaid, VA, or how Long Term Care Insurance works, then maybe we should talk. I'll be happy to share with you my last 11 years dealing with aging parents. A simple phone call is the appropriate starting point.
 
Call me today to discuss your options.

Ed Dormer is a licensed agent who sells Long Term Care Insurance. He is Certified in Long Term Care (CLTC), a professional designation by the Corporation for Long Term Care, and represents five of the largest carriers of Long Term Care Insurance. He is not connected with of endorsed by the United States government or the federal Medicare program. ID# 36282

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