When it comes to long term care or long term health insurance, most people think that Medicaid will come to the rescue and pay for all the necessities if the need should arise for long term care. Sadly, most people do not plan for an extended illness or any type of long term care.
A stay in a nursing home or facility can cost on the average of $4,000 dollars a month or over $50,000 a year. Medicaid will sometimes not cover these types of expenses depending on your individual situation. Most health care insurances do not cover these types of expenses even if you think you are covered. It’s time to talk to someone about your financial future in the event of an illness or should you need extended care.
There are many affordable plans that can help. We can look at your situation and offer advice on what may be the best long term care plan for your needs.
We live longer than we did 30 or 40 years ago. Yet, we still fail to plan for these types of long term care assistance situations, should they arise. It’s time right now to set a plan in motion and make [