Here are all the articles I've written about Home care. Enjoy!

May 20th, 2011


$183,998.   That’s a lot of money!   On a national average, it’s what you’ll pay  if  your Mom or Dad lands in a nursing home for the average stay of 2.4 years.   That’s really a ton o’money!!

If your Mom or Dad would prefer to get better at home (and who wouldn’t?), the cost of home care is about double.

Do you have over $180,000 (or more?) to pay for long term care services?   No?  Do your parents have over $180,000 to pay for long term services?  No?   What ever will you do?

The Insurance Mom knows!  Doesn’t that make you feel better already?    Long Term Care Insurance is the answer.   Let an insurance company pay the bills.

Find out how.   What better reason to call The Insurance Mom?

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March 13th, 2010

A Short Course on Long-Term-Care Insurance

According to the Department of HHS, at least 60% to 70% of people over 65 will eventually need long term care, either at home or in a nursing home, and that can be very expensive.  The average stay in a nursing home is almost 4 years, at a cost of about $270,000.  Your health insurance does NOT cover this kind of expense, neither does Medicare!   Oy.   That’s why The Insurance Mom wants you to consider Long Term Care Insurance (LTCi) if you won’t have enough savings or other assets you could use.

If you have LTCi and must go into a nursing home or require at-home care, the total cost of all your premium payments combined will likely be less than the cost of a single year in a nursing home or full-time home care — no matter how many years you’ve been paying premiums.

Think about that for a moment.   No matter how long you pay LTCi premiums, you will get it all back in one year of benefits!   That’s huge.   I think it’s a wise investment in your financial future.

Come back tomorrow for 4 simple rules to follow when buying Long Term Care Insurance.

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