Posts Tagged ‘long term care’

Long Term Care Costs Continue To Rise

Thursday, January 20th, 2011

  The good news? People are living longer. The bad? Costs for Long Term Care (LTC) are increasing steadily with each passing years, outpacing inflation. Should you need care after an accident or illness, you may find that savings can rapidly deplete when paying for the care you need. It is estimated that over two-thirds of the over 65 population will need some form of long term care, whether it is in as assisted living facility, adult day care facility, or home health services. Medicare offers some basic skilled care in a nursing home, but is limited to 100 days. When faced with a long term illness which impairs your ability to perform the basic activities of living, such as eating, bathing, or dressing, it is imperative to have access to continuous care. Long Term Care insurance helps you maintain your dignity and financial freedom and gives you the ability to contribute to the choices that affect your care — about the services you receive, where you receive them and who provides the care you need.  

Lack of Health Insurance Can Mean Financial Ruin

Saturday, November 7th, 2009
We all know that changes need to be made in the health insurance industry, though no one as much as someone who experienced a major illness without health coverage. For those who are nearer to retirement age, a major illness (i.e. cancer or heart disease) can mean a loss of close to half of their household assets in order to get the medical care they need. This loss is more severe for the uninsured ages 51 – 64 as they have accumulated greater assets for retirement, along with fewer options to re-establish these assets if they are lost due to an illness. The situation in these cases can mean a financial disaster.

It is vital to ensure that your assets are protected, and even more imperative that care is sought out in the case of an illness. Treating conditions earlier mean a better chance of recovery, and better quality of life. Even basic insurance can help you avoid catastrophic losses, and the added support from a Long Term Care policy will help you protect your future, and your family’s as well. Contact us today to see how we can help you protect your health and your peace of mind.

Protect Yourself and Your Family with Long Term Care

Wednesday, May 6th, 2009

When a person requires someone else to help them with their physical or emotional needs over an extended period of time, this is long-term care (LTC). This help may be required for many of the activities or needs that healthy, active people take for granted and may include such things as walking, bathing, dressing, or using the bathroom.

The need for long-term care help might be due to a terminal condition, disability, illness, injury or the infirmity of old age. Estimates by experts are that at least 60% of all individuals will need extended help in one or more of the areas above during their lifetime. The need for long-term care may only last for a few weeks or months or it may go on for years. It all depends on the underlying reasons for needing care.


© 2009 Abrams California Health Insurance Agency. All rights reserved.
log in