Being a family caregiver is often a full-time commitment. Caregivers often make sacrifices to fulfill the role.
Providing long-term health care service for a parent could be for a year or 10. Not only are we living longer lives, but we have fewer children compared to past generations. Unlike previous generations, women today maintain careers in addition to their family responsibilities.
According to a nationally known expert on long-term care planning, we have become dependent on others as we get older.
“The trends show us that medical advances mean longevity,” said Matt McCann, a specialist in Long-Term Care Insurance. “Dependency on our family has become the norm unless you have a lot of money or Long-Term Care Insurance.”
The U.S. Department of Health and Human Services reports nearly 50 percent of Americans will need long-term health care.
“Our family will take on the responsibility unless you have some plan for long-term care in place. Our children will either become caregivers or manage our future care. Sometimes both,” McCann said. “Unless we make plans, they will decide the type and quality of care we receive and which accounts to liquidate to pay for care if they cannot provide the care themselves.”
For many American families, an affordable Long-Term Care Insurance policy will provide access to your choice of quality care, including the in-home most people prefer. You avoid dependency on your family, and you maintain control.
Since long-term health care is so costly, even if you have substantial assets transferring the risk is essential to asset protection. LTC Insurance will protect income, assets, lifestyle, and legacy. However, since these policies are medically underwritten, the best time to obtain coverage is in your 40s or 50s.
McCann recommends reading this guide to long-term care planning. It is vital to seek the help of a qualified specialist since premiums can vary over 100% between insurance companies.
McCann is licensed nationwide with over 20 years of experience. He represents all major insurance companies. There is no need for an in-person consultation. His unique process allows you to view his computer screen on your device at home as you speak with him on the phone. You can learn and shop safely and without pressure and receive a free quote.
“Too many people have been told Long-Term Care Insurance is expensive. Policies are custom designed, and I find the best coverage at the best value for consumers. Be sure to get accurate quotes along with professional recommendations, and that is exactly what I provide people nationwide,” McCann said.
McCann Insurance Services: 866.751.7957: www.mccannltc.net