More people own Long-Term Care Insurance. Last year over $10.3 Billion in benefits was paid to American families providing quality care, reducing family stress, and protecting savings. A new claims study shows 64% of those on claim were women.
All of us should prepare for the unexpected. Often, however, we don’t even prepare for the financial costs and burdens that come with aging. Help older family members prepare for disaster and help your family prepare for your future longevity.
As more people require long-term care services, either at home or in a facility, the need to care for the human spirit becomes as important as physical health. This facility explains how spiritual care is incorporated in overall care experience.
Social media is in the news. As more people experience a family member suffering from memory loss the issue is coming out of the shadows. People share their thoughts and feelings about dementia and long-term care.
Do you have coverage for long-term care at work? Probably not. Generally, people think long-term care disability is the same as long-term care. It is not. Know some of the misconceptions before you start planning.
The number of American families benefiting from Long-Term Care Insurance continues to rise. A new claims study indicates the major companies paid over $28.22 million a day in long-term care benefits in 2018 alone … over $10.3 billion annually.