At least 70% of people over the age of 65 will require long-term care services and support during their lives.

Are you prepared in the event this happens to you?

Long-term care insurance is designed to cover the cost of assistance with activities of daily living (such as dressing, eating, bathing, mobility, and continence) or additional support if you develop a cognitive disorder.

Long-Term Care is not covered by traditional health insurance and can become a huge financial burden if you don’t plan ahead for the future.

Did you know a Long-Term Care (LTC) policy is not life insurance or disability Insurance? Did you know it is not ordinarily health insurance? These kinds of plans do not pay for Long-Term Care expenses nor, does Medicare or Medicare supplement plans. Since we are living longer and we only have so much saved for retirement isn’t time to learn more?

ACS Insurance can help you understand your options and the types of insurance plans that are available in today’s market place. It can be a real challenge to understand what Long-Term Care covers and what it does not cover. We can help.

Not sure about all the options?

Take the time to call to arrange a meeting over the phone or in person to get started on your plan for Long-Term Care!

(775) 425-3233

It’s Good to Have Options

Long-Term Care Insurance typically covers the cost of the following:

Generally speaking, there are four ways to pay for long-term care services. Clients can pay for services on their own (self-fund), rely on family and friends for help, work with Medicare/Medicaid, or use long-term care insurance. Keep in mind that they may combine more that one of these solutions to help cover long term care costs.

Self-Funding

You may have a pool of money set aside for retirement expenses, it could be a source of funds for long-term care costs. Or if your loved ones need long-term care, your income may be adequate to cover their expenses.

Family/Friends

Do you plan to rely on family? This can be a great solution for families committed to providing care, but it can be physically and emotionally demanding.

Medicare/Medicaid

Medicare and Medicaid may contribute toward long-term care expenses; however, there may be specific coverage limitations and asset requirements to be aware of.

Long-Term Care Insurance

If you qualify for long-term care insurance, it can be a way to help pay for long-term care services. There are also products that combine long-term care protection with life insurance and annuities.