Long Term Care

With approximately 30 million Americans turning 65 within the next ten years, it’s expected that by 2030 one in five people will be a senior citizen. This means that the time to prepare for the future. With an influx of senior citizen, this means that the diagnosed rates of Multiple Sclerosis, Alzheimer’s, osteoporosis, and stroke are bound to increase.

How can you make sure you are covered if you need around the clock care?

At East & Greenwell, we have options so that you can lock in the rates today and protect your family from the future cost of Healthcare.

Long Term Care plans can help you and your family plan, save, and prepare for a brighter, easier future.

Unsure if Long Term Insurance is right for your family? Take a look at the FAQ below, and then call an Agent today.

Long Term Care FAQs

Long Term Care insurance was created to help families pay for service that are often needed in the future. This includes what we call Custodial care and skilled care.

Custodial care is assistance with everyday tasks such as eating, bathing, and various personal errands. Skilled care is the assistance one would expect with a professional, such as a nurse or therapist.

Long Term Care Insurance is not limited to a nursing home. In fact, many senior citizens are aging at home, care facilities and other areas. This insurance will follow your throughout your life to help you where and when you need it.

Health plans from an employer or MediCare are limited when it comes to the length of care. For example, MediCare and various private health insurances only cover specific skilled care for short lengths of time. Additionally, they typically only cover skilled care and do not cover custodial care.

That’s why many families are choosing comprehensive Long Term Care insurance plans like the ones East & Greenwell offers.

We understand that “Long Term” is a pretty blanket time frame. So, how long does it last? There are a few factors that determine the length and level of your care and subsequent insurance. There are daily limits that are designed to reimburse you for expenses that qualify.

Additionally, certain policies have “triggers.” These are situations that must occur before coverage begins. Triggers include cognitive impairment such as Alzheimer’s.

Overall, the duration of your coverage depends on the particular policy you have chosen. Families can choose anywhere from two years to a lifetime.