Long Term Care Insurance

Long Term Care Insurance is too often overlooked by people planning their future retirement needs. But as long as you are in good health, it's never too early or too late to consider this type of insurance.

A study by the U.S. Department of Health and Human Services says that people who reach age 65 will likely have a 40 percent chance of entering a nursing home. And about 10 percent of the people who enter a nursing home will stay there five years or more.

Jasic, Mindy or another member of the team would be more than happy to personally sit down with you and your family to do a careful review of your insurance, making sure that there are no gaps in your long term care plans. The Walker Insurance Agency protects what is most important to you.

Long Term Care features are sometimes covered by Medicare and Medicaid.

Relationship between Medicare, Medicaid and Long-Term Care

Medicare generally doesn't pay for long term care insurance. Medicare pays only for medically necessary home health care or a nursing facility so it's important that you be able provide, for yourself, other things that might make you more comfortable.

Medicaid is a state and federal government program that pays for certain health services and nursing home care for older people with low incomes and limited assets. In most states, Medicaid also pays for some long-term care services at home and in the community.