 |
||||||||||
 |
 |
 |
 |
 |
||||||
 |
 |
 |
 |
 |
 |
 |
 |
|||
 |
||||||||
 |
 |
 |
||||||
 |
 |
|||||||
 |
||||||||
 |
||||||||
 |
 |
 |
||||||
 |
||||||||
 |
 |
 |
||||||
 |
||||||||
 |
 |
|||||||
 |
 |
 |
||||||
 |
||||||||
 |
 |
|||||||
 |
||||||||
 |
|
|
|
|
|
|
|
|
Long Term Care Health Insurance
Life expectancy is on the rise. One out of five Americans
over the age of fifty is at risk of needing Long Term Care Health Insurance
in the next 12 months. It isn't just older persons, however, that need
Long Term Care Health Insurance. Forty percent of the 13 million 
Americans
are currently receiving Long Term Care Health Insurance between the ages
of 18 and 64.
• Long Term Care Health Insurance costs jeopardize governmental Medicaid
budgets. Federal and state governments are the largest payers of long
term care. Nationally, Medicaid pays for 54% of all nursing home costs.
Total state-funded Long Term Care is estimated to cost over 4 billion
dollars over the next 15 years.
• Long Term Care Health Insurance is a viable alternative for many
individuals. It is an affordable way for people to plan for their
own future expenses or those of a loved one.
Long Term Care Health
Insurance - Cost
A common belief is that Medicare can meet the costs of Long Term Care
Health Insurance; far from it. Most people believe they will never need
Long Term Care Health Insurance. Yet it is estimated that 7 million men
and women over the age of 65 will need long term care.
Long Term Care Health Insurance
- Benefits
Very few of us can afford to pay for Long Term Care Health Care from
savings. As a national average, a year in a nursing home is
estimated to cost $46,000. In some regions, it can easily cost twice that
amount. The premiums of tax-qualified Long Term Care Health Insurance
policies, subject to certain limits, are tax deductible (see your tax
professional). More importantly, benefits received from a Long Term Care
Health Insurance policy are excluded from one's taxable income. The Health
Insurance Portability and Accountability Act of 1996 states that federally-qualified
Long Term Care Health Insurance policies be treated the same as that
for major medical coverage (See your tax professional for the most current
laws).
Click for Free Long Term Care Health Insurance Quote
Long Term Care Health Insurance Quote
Click for Free Long Term Care Health Insurance Quote
 |
 |
||||||||
 |
 |
 |
|
||||||
 |
 |
 |
 |
 |
 |
 |
|
||
 |
 |
|
|||||||
 |
|
||||||||