Health care has come a long way in recent years; medical advances mean that we are recovering from many medical conditions that we wouldn’t have in the past. However, increased survival rates can lead to lengthy periods of disability due to chronic conditions, with the patient often receiving the necessary care in a nursing home or assisted living facility, or extended home-based care.
Education Moment – Long Term Care Insurance
Traditional sources of financial help for these expenses do not cover custodial long-term care, and 95% of long-term care in the U.S. is custodial in nature. Private health insurance policies and disability insurance coverage does not typically reimburse these costs, nor does Medicare. That’s where long-term care insurance comes in.
Long-term care insurance is available to help finance any potential future long-term care needs you may have. These policies bridge the gap between current available resources and the considerable expense of long-term care. Having long-term care coverage can help protect your family home, savings, and other assets if/when long term care becomes necessary.
Contact Us About Long Term Care Insurance
“I’m glad I found Shauna with Alpha & Omega. I like her professional, yet personal no-pressure approach. She’s always friendly and was willing to answer all my questions when I applied for my Long Term Care policy and Term Life insurance.”
Jeff S.
Chandler, AZ