Is Long Term Care Right For You?

Take a moment to consider the following statistics from the U.S. Department of Health and Human Services:

• 60% of people over age 65 will require long-term care during their lifetime.
  (Washington Post, April 1996)
• Medicare and Medicaid will pay only a fraction of the costs of long-term care
  (Department of Health and Human Services, 1991)
• The average cost of nursing home care is about $100 per day. The average stay is 2½ years, which translates to a total cost of about $100,000 per stay.
  (Department of Health and Human Services, 1991)

Investing in a long-term care plan represents an important step toward securing peace of mind and financial security in the most important years of your life. Your plan should provide you with maximum protection against the potentially catastrophic costs of long-term health care while enabling you to help preserve your resources.