Long Term Care (LTC) is a variety of services which help meet both the medical and non-medical need of people with a chronic illness or disability who cannot care for themselves for long periods of time. The Centers for Medicare and Medicaid Services (CMS) estimates that about nine million men and women over the age of 65 in the US will need long-term care in 2006. By 2020, 12 million older Americans will need long-term care. A study by the U.S. Department of Health and Human Services says that four out of every ten people who reach age 65 will enter a nursing home at some point in their lives. About 10 percent of the people who enter a nursing home will stay there five years or more.3
We can help you navigate your questions when it comes to selecting the right Long Term Care coverage for you and your needs. We’ll look at the following during your initial (no cost) consultation:
Types of LTC coverage available
Who in your family is likely to need Long Term Care
What to look for when buying Long Term Care insurance.
Call Matthew today, so you can feel confident about your future, knowing that you are helping to protect your assets and your family’s well being.
Matthew Gallagher (817) 400-4486 Certified Financial Planner™ Practitioner
Advisory Services offered through CreativeOne Wealth, LLC an Investment Advisor. Prosperity Wealth Management, LLC and CreativeOne Wealth, LLC are not affiliated.
Licensed Insurance Professional. Respond and learn how insurance and annuities can positively impact your retirement. This material has been provided by a licensed insurance professional for informational and educational purposes only and is not endorsed or affiliated with the Social Security Administration or any government agency.