Statistics such as this reflect the fact that more than 85 percent of Americans are either uninsured or under insured against long term care costs. The questions continue as we look at alternate health care and rising costs. Our crystal ball will not give us the answers. We have as a goal that of staying in our town and being a healthy and independent individual. The fact is - that may not happen.
Early planning is one solution.
We need to recognize the importance of protecting ourselves. Long-term care insurance should be part of everyone's insurance portfolio. Long-term health care policies have been significantly improved in the last few years and include home health care, adult day care, assisted living and nursing home benefits, as well as other optional care benefits. The standardization of benefits has enhanced consumer understanding. There are limitations depending on age.