Long Term Care Insurance: It’s Not Just for Nursing Homes Anymore..

If you still think that long-term care is just about nursing homes, quiet solitude and the gentle passage of time, you couldn’t be more misinformed. Long-term care today includes a range of services that help keep people independent by providing everyday tasks, like showering or dressing.

Insurance coverage may be the ideal way to protect your assets while paying for quality care if and when it’s needed. Get comparative rate quotes from the Buyer’s Advocate Alliance now, while it’s on your mind.

Now, many people automatically think of nursing homes when they think of long-term care, but there are other options available as well, some provided in your own home or others in the community.

Care may be provided in many of different ways and settings - from in-home care to assisted living and nursing facilities. It can also include adult day care. What’s more, today’s Providers range from homemakers to registered nurses and therapists.

Statistics show that at least 64,000,000 people aged 65+ now need long-term care, with one in two aged 85+ now needing care. At least half of the folks who are 85+ will need help with Activities of Daily Living. Such care is provided when someone cannot independently carry out essential everyday activities like eating, bathing, dressing, etc. Most people think of long-term care as something needed by older people, but accident or illness can strike anyone of any age. When it does, they too may find themselves in need of assistance. In fact, did you know that 40% of today’s nursing home residents are under age 65?

Women are by far at greatest risk for log term care. Traditionally, women in our families have provided this care when needed. However, today’s smaller families may be scattered across the country, and many women are now working outside the home. What’s more, caring for a loved one full-time can overwhelm even the most devoted family member. As a result, more caregivers than ever are turning to outside resources to help with the care of a family member. Women typically outlive men. How will they get appropriate care when they need it?

Basically, it may be time to get your comparative rate quotes today.