Welcome to your LTCi Buyer's Advocate resource center. Not Just Another Long Term Care Insurance Sales Website...Since 1997, our passion has been to provide you the very best long term care insurance experience. This site features insider tips, tricks and trade secrets of a former insurance agent turned consumer advocate. Here you can learn the pros and cons of group and federal insurance, how to rate insurance companies and lower your premium costs, get product comparisons and reviews, plus information you must know in order to make the optimal choices for your ultimate financial security.
And when you're ready, you can get FREE decision assistance plus apples-to-apples, customized quote COMPARISONS from your
Long Term Care Insurance BUYER'S ADVOCATE
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Who wants to think about aging or about getting a degenerative disease like Multiple Sclerosis, Rheumatoid Arthritis or Parkinson's? No one, naturally. Nobody likes to imagine a prolonged illness like MS, cancer or lupus. "A brain injury from stroke, a debilitating accident or Alzheimer's will happen to the OTHER person, not me, right?"
Well, hopefully.
Yet even though most people think they will magically "not need this care", the truth is that your chance of needing home care, assisted living or nursing home care is more than 50 percent!
The other excuse for not getting long term care insurance we hear a lot is, "A family member will take care of me."
Unfortunately, most people offer long term caregiving assistance without knowing what they are getting into. Caregiving is more stressful and exhausting than anyone realizes. We know, we're in the thick of it right now.
Caregivers have a high rate of clinical depression and can develop health care problems themselves. According to the Caregiver Health Effects Study, those who feel strained by the demands of helping a disabled spouse had a 63% higher mortality risk of dying within 4 years. Is that want you want for your loved ones? Long term care insurance (LTCi) can keep that from happening.
Do not confuse LTCi with "long term health care insurance". It is not health insurance. Health insurance covers doctors, hospitals and acute or recuperative care. LTCi is for "custodial care." While health insurance covers doctors, hospitals and short term recuperative care, it NEVER covers long term care. Just read your policy and see for yourself.
LTCi was originally designed to cover stays in skilled nursing homes only, but these days, LTC insurance can also cover assisted living facilities, adult daycare and even in-home care, which are desirable options for many folks.
As the American Society on Aging writes, "People need to prepare before it's too late," because the truth is that if you do not die, you will keep aging until you need care. We get to choose: death or long term care.
Due to new breakthroughs in health fields, our population is aging. States such as Arizona, Florida and New York are feeling the impact of the ever-expanding group of 70+ year olds. The Baby Boomers are fast on their heels. Within 30 years, the number of us needing long term care will exceed 6 million. Who will take care of us?
States simply won't have the money to provide Medicaid for those in need. State Medicaid programs are already financially stressed, because Uncle Sam keeps cutting their funding. Government has made itself very clear: "Get LTCi if you can afford it or you'll have to pay out-of-pocket."
While many older people do need long term care, it is important that younger people think about securing their futures, too. Believe it or not, over 40% of Americans receiving long term care are under 65 years old.
Driven by employee demand and government incentives, more employers now offer group LTC insurance. 80 percent of employees would consider buying LTC coverage if their employers offered it, but please beware that group plans have their limitations. Before buying a long term care insurance policy, you want to learn exactly what the group plan policy offers compared to an individual, non-group policy in order to make an informed decision.
Don't wait until it's too late! Do your due diligence. Get apples-to-apples long term care insurance comparisons from a competent broker. Find the most appropriate policy for your life circumstances.
You can do this quickly and easily with assistance from your Buyer's Advocate. Once you have submitted your request for a free comparative LTCi rate quote, you will be able to determine which direction to take next.