Seniors and Baby Boomers
Medicare and Long Term Care
Defining Your Financial Security.

Medicare

Medicare is a federal health insurance program for people 65 years of age or older. It pays for much of your health care, but not all of it, such costs could be, prescription drugs, deductibles, coinsurance.

Medicare Supplements are a health insurance policy sold by private heath insurance companies to fill the "gaps" in Medicare coverage. For more information or to get a quote, fill out our online Medicare quote

Long Term Care (LTC)

*Many Americans are not prepared for LTC issues.  
*No longer is LTC coverage only for nursing homes. 
*Now  LTC can cover home care, assisted living and continuing care also.

*Nursing home private rooms are averaging over $70,000 anuually
*Assisted livings facilities over $30,000 yearly and home health care providers are averaging $18.00 per hour. 
* Health care cost increasing an average of 5.8% annually.

Planning for your future is critical.

*Your adult children are likely in dual income familes.
*Our adult children can probably not take care of us without emotional or financial difficulties no matter how much they love us.

*If you are planning on private health insurance or medicare paying for your long term care, we can explain why the need for skilled care restricts that option.
*Medicaid was created to provide benefits for people with low asset and income levels.
*Transferring assets to meet Medicaid requirements will possibly cause you to lose benefits for a period of time.

Do not wait to investigate your long term care options. You may face a health event that could preclude you from being able to purchase long term care insurance.

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