Won't the Federal Government pay for my long-term care?
While many people think the federal government pays for long-term care expenses, individuals and their families pay many nursing home expenses out-of-pocket. Medicare, Medicare Supplement Insurance, and employer-provided major medical health insurance are not designed to pay for long-term care expenses.
What is the cost of waiting to purchase long-term care insurance?
If you’re thinking of waiting to purchase long-term care insurance coverage, consider the impact of waiting:
- Increases the risk of insurance ineligibility
- Decreases the overall time you're protected by long-term care insurance
- Can increase the overall cost of coverage, as premium rates increase with age
What is the cost of long-term care?
The cost of care for home healthcare services and facility care services varies from state to state. We'll work with you to find quality solutions that fit your budget.