The expenses associated with long term health care due to chronic health conditions or mental and cognitive impairments can be great. These expenses can be beyond the scope of someone’s resources or exhaust one’s savings thereby adversely impacting the surviving spouse and any financial legacy left for family members.

The U.S. Department of Health and Human Services estimates that 70% of Americans who reach the age of 65 and beyond will have a need for some kind of long term or extended health care which is not covered by regular health insurance, covered by Medicare to only a very slight degree and only covered by Medicaid after most all other financial assets are spent down.  Long term care planning and funding that planning with long term care insurance can be the answer.

We recommend you consult one of our agents that are qualified and experienced in these matters for help in this area.