Long-term care insurance is the type of care that you may need if you can no longer perform “activities of daily living” by yourself, such as eating, bathing or getting dressed. It also includes the kind of care you would need if you had a severe cognitive impairment like Alzheimer’s disease. Care can be received in a variety of settings, including your own home, assisted living facilities, adult day care centers or hospice facilities.
This care can be covered completely or in part by long-term care insurance. Most plans let you choose the amount of the coverage you want, as well as how and where you want to use your benefits. A comprehensive plan includes benefits for all levels of care, custodial to skilled.
With health care spending expected to double by 2015, prudent financial planning for long-term care insurance is needed. R.M. Beasley & Associates offers plans from a variety of companies. Long-term care (LTC) insurance is available in both individual and group policies.
Request a free quote online to let R.M. Beasley & Associates help you find the right plan for your long-term care needs.Let’s Get Started