A tremendous amount of media attention is being paid to the Republican effort to repeal and replace Obama Care, which is the Affordable Care Act passed in 2010. There are numerous question marks surrounding this potential new legislation and health care law, and what many people worry about is how it will directly affect long-term health care and other costs.
Home care is an important consideration.
When people think about healthcare, they often think about doctors, nurses, hospitals, and even specialists. What they don’t often think about or contemplate is home care. However, home care has become the primary choice, or preference, of those men and women who may need some extra care and support at home.
Millions of men and women, mostly seniors, may require some direct medical attention and support at home, which is often referred to as home health care. The cost of healthcare continues to increase, including visiting nurses, home care aides, and other dedicated professionals. If these long-term care costs continue to increase, it’s going to place a tremendous amount of pressure on individuals and families to pay for it.
That’s where long-term care insurance can play an important role.
There are many different types of insurance people consider carrying as they get older. Automobile insurance is a requirement to have a vehicle on the roads today. Health insurance is also a legal requirement, according to the Affordable Care Act. People also consider life insurance, renter’s insurance, homeowner’s insurance, even when their mortgages fully paid off, and so much more.
Long-term care insurance is certainly one to consider for people as they get older, raise families, and begin to seriously consider retirement.
Many people assume they’ll never need long-term care.
While everyone understands their own mortality and the value of life insurance policies, not many people actually think they’re ever going to need long-term care. However, there are currently an estimated 44 million people relying on family members alone for care within the comfort of their own home. There are several million others who rely on home care providers, especially for long-term care.
It does happen and as people live longer, and as an increased population reaches retirement age, the demand for these services will continue to increase and that will also raise the cost of this level of care. Long-term care insurance can provide peace of mind for those who wish to protect their assets, retirement savings, investments, and other financial resources from the prospect of needing to be used for ‘unexpected’ long-term care.
If you or a loved-one are considering Long-Term Care Insurance Cost in Carmel Valley CA, please contact Steve Elliott at Capstone Insurance for an honest discussion about your future and your options. Call today (858) 350-3161.
I work with all the major insurance companies and my objective is to help my clients determine if long term care protection makes sense for them and if so, to help them shop the market to find the best company at the best rate
I specialize in Traditional Long Term Care Insurance as well as Hybrid Long Term Care Plans which are either a combination of Life Insurance and Long Term Care or an Annuity Plan with Long Term Care
I’ve been specializing exclusively in Long-Term Care Insurance Planning for over 21 years.
Steve was recognized as a 2003 Long Term Care Expert of the Year at The National Long Term Care Producers Summit
2006 was awarded Senior Market Advisor of the Year Finalist by Senior Market Advisor Magazine
National Speaker for Numerous Industry Meetings
Awarded Nations Top 10 Agent 8 times by the American Association of Long Term Care Insurance
Author of numerous published articles on long term care planning