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LONG
TERM CARE INSURANCE
Long-term care involves a wide variety of services for people with a prolonged
physical illness, disability or cognitive disorder (such as Alzheimer's
disease). Long-term care is not one service, but many different services
aimed at helping people with chronic conditions compensate for limitations
in their ability to function independently. Long-term care differs from
traditional medical care, as it is designed to assist a person to maintain
his or her level of functioning, as opposed to care or services that are
designed to rehabilitate or correct certain medical problems.
Long-term care services
may include, but are not limited to, help with daily activities at home,
such as bathing and dressing, respite care, home health care, adult day
care, and care in a nursing home.
Here are some significant
reasons individuals may need long term care insurance:
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There is
a 68% probability that people age 65 and over will become disabled
in at least two activities of daily living or of being cognitively
impaired.* |
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The national
average for annual cost of home health care is well over $20,000
(thats $18/hour**, five hours per day, five days a week for
a home health aide.) |
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*AARP.
Beyond 50: A Report to the Nation on Independent Living and
Disability, 2003. www.research.aarp.org
** MetLife Market Survey of Nursing Home and Home Care Costs,
April 2002. . |
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To set an appointment
to discuss your individual situation, please call us at (800) 925-2050.
Medicare
Information Gov't site
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