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ALL WE HAVE ARE OUR CHOICES!
 

PROTECT YOUR FAMILY ASSETS?
Did you know t
here's a State Agreement with Medicaid called the State Partnership Program that allows you to protect your family assets by setting aside funds, dollar for dollar, that would normally be eaten up by your Care Costs; if you have a qualifying Long-term Care Insurance Policy?

Or, Did you know there is a way to take $100,000.00 of your money that is just sitting there, forgotten or not producing much, and turn it into a LTC financial protection blanket of over $300,000.00 without losing your ability to liquidate or borrow against it? Now that's Leverage

If you are someone that can self-insure up to a four plus year stay in a Care Facility, that can easily cost you upwards to $70 or $80,000 per year, then please disregard this information.

If not, We have a way to affordably protect you and your assets against the ‘Income Stops and Massive Outgo Starts’ challenge.

What's your Strategy?

PREVENTION  ~  NUTRITION  ~  WELLNESS  ~  ACCOUNTABILITY


LONG-TERM CARE PROTECTION

We represent Genworth, John Hancock, Mutual of Omaha and Transamerica.

The STATE PARTNERSHIP PROGRAM will save your family's financial future.

Chronic Long Term Care or Extended Care are NOT covered by Health Insurance or Medicare, Also
7 out of 10 people over 65 will experience a Long Term Care experience.
"Oh! That would never happen to me!" If it does; you'd want to have something to say about the quality of your care, wouldn't you? With Medicaid paying the bill you are at their mercy.

CAN YOUR POCKETBOOK AFFORD THESE COSTS?:

How many months/years could you pay $4,000 to $7000 a month for care?

The figures below were taken from the 2014 Genworth Long-term Care survey.
* Homemaker Services (Licensed) Provides “handsoff” care such as helping with cooking and running errands. Often referred to as “Personal Care Assistants” or “Companions.” This is the rate charged by a non-Medicare certified, licensed agency.
    
*2014 National Median hourly rate is $19.00.
* Home Health Aide Services (Licensed) Provides “hands-on” personal care, but not medical care, in the home, with activities such as bathing, dressing and transferring. This is the rate charged by a non-Medicare certified, licensed agency.
    
*2014 National Median hourly rate is $20.00.
* Adult Day Health Care Provides social and other related support services in a community-based, protective setting during any part of a day, but less than 24-hour care.
    
*2014 National Median daily rate is $65.00.
* Assisted Living Facility (One Bedroom/Single Occupancy) Provides “hands-on” personal care as well as medical care for those who are not able to live by themselves, but do not require constant care provided by a nursing home.
    
*2014 National Median Monthly rate is $3500.00 or $115.00 per day.
* Nursing Home (Semi-Private Room) Provides skilled nursing care 24 hours a day.
    
*2014 National Median Monthly rate is $6448.00 or $212.00 per day.
* Nursing Home (Private Room) Provides skilled nursing care 24 hours a day.
    *2014 National Median Monthly rate is $7300.00 or $240.00 per day.
Figures from the Genworth 2014 LTCi Survey.

 

Read Steve Vernon on 'MoneyWatch.Com'  ~MONEY FOR LIFE~

 

Long-Term Care Over an Uncertain Future:
What Can Current Retirees Expect??
    
The leading edge of the baby boom generation is nearing retirement and facing uncertainty about its need for long-term care (LTC). Using a microsimulation model, this analysis projected that 7 our of 10 people currently turning age 65 will need LTC for 2.7 years on average.  

READ THE WHOLE STUDY.

How do you think?
Here are a couple of expressions that are particularly apt for the threat of long-term care expenses:
  * Worry is not preparation, and
  * Hope is not a good strategy.
Whatever your circumstances, go beyond worrying and hoping, and do something to protect yourself and your loved ones from this threat!  

  Acute Care VS Chronic Care; that's the difference.
 You recuperate with Acute, You live with Chronic.

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