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Long Term Care will be one of the most important issues of the 21st century
as baby boomers struggle to prepare for their future needs and how to take
care of aging parents. Long Term Care insurance helps people protect their
life savings and safeguards their independence. Employees have the control
over who will provide the care they need, when they need it.
- Home health care costs up to $73,000 per year.
- Assisted living care costs up to $50,000 per year.
- Nursing facilities cost up to $100,000 per year
- More than 50% of Americans will need some form of long term care,
either at home or in some type of nursing facility.
- 40% of all long term care services are provided to people under age
65.
- The average nursing home stay is 2 1/2 years at an average cost of
$60,000 per year.
We can offer a variety of options to your employees. Such as, employer
paid base plans with optional employee buy ups for additional coverage, key
select programs which offer enhanced benefits to selected group members, and
voluntary employee paid plans. |
