Baby boomers need to start planning for the future. Someone has to help when you can no longer take care of yourself. Investigating long-term care (LTC) insurance is one way to work towards the future. This insurance pays for care needed by an elderly patient over the course of their life. It covers everything from daily living assistance to care from trained nurses and therapists. Most employers do not offer this insurance, so consumers need to visit an agency. Keep in mind, policies are cheaper for younger, healthier people.
If you need Long Term Care in Warner Robins GA, Visit the website of Stone Insurance Agency Inc. They explain all the different coverage options to consumers. For instance, one can select coverage that pays for assisted living or nursing home care. Some carriers pay for adult day care and in-home care. Further, coverage is available that helps with the cost of home modifications. Modifications, such as a handicapped ramp, are eventually necessary. Many seniors may need nursing home care. The average nursing home stay is three years, at a cost of $90,000 per year, so it pays to prepare for all possible situations in advance.
Who really needs Long Term Care in Warner Robins GA? People with above-average assets should consider the insurance. No one wants to spend their entire life savings on nursing care. Medicare and Medicaid usually do not pay for care until people meet the income guidelines. Protect your assets if you want to leave an inheritance. Many people find out they need LTC based on their health. Many conditions are inherited like dementia and diabetes. If these things run in your family, you are likely to need senior care.
Unfortunately, there are people who do not have close family members. These people are on their own and should invest in long-term care coverage. Finally, some individuals just want to have a say. You may have already selected a really nice facility for the future. Take the burden off your family by planning ahead. LTC bridges the gap between what you need and what retirement benefits will pay. Make sure your golden years are golden. Talk to an insurance professional today.
