US Stats
The reality is 70 percent of us will need some type of long-term care after age 65. On average, people need long-term care for three years, with women needing care an average of 3.7 years. One in five people needs long-term care for five or more years.
To Protect Savings
Long-term care costs can deplete a retirement nest egg quickly. The median cost of care in a semiprivate nursing home room is $94,900 a year, and $51,600 for a private one-bedroom assisted living facility.
Have More Choices
The more money you can spend, the better the quality of care you can get. If you have to rely on Medicaid, your choices will be limited to the nursing homes that accept payments from the government program. Medicaid doesn’t pay for assisted living in many states.
Dreamful and Restful
Provides flexible options to decide what type of care services you may need: Home health care, nursing home and/or skilled facility care.
Services include help with the activities of daily living (bathing, dressing, eating, etc.
Coverage for your spouse/domestic partner, adult children, parents or in-laws, grandparents and siblings.