Know the facts of in-home care before it's too late.
Do you know of any old person that's said this (or something similar?): I'm healthy! Plus, I have a family that will care for me, and my Medicare/Medicaid will cover care when I'm good and ready! Stay off my lawn, whippersnappers!
Their old minds have been deeply misinformed, and you may have believed them. After all, the older the wiser . . . right? Maybe. But not always. Here are 4 misconceptions about long-term care insurance and what you can do to protect your beloved old family member.
- My family will take care of me.
They probably will take care of you, but what if you get to that age where you need help to use the bathroom, bathe, or need to change your soiled underoos? Having a trained medical trained professional could come in handy, LTC will cover you.
- Nursing homes are all insurance covers.
When LTC was first introduced, it did only cover nursing home and why this misconception is still out there. The laws have changed with the times, and LTC now covers in-home assistance.
- I'm too young for that now.
The younger you are, the more likely you are to qualify for coverage. Once you hit 64, your health becomes more complicated, making it harder to qualify, and if you do qualify then your premiums may be higher because you're a bigger risk.
- I can't afford it.
Coverage may be less than you think, especially if you sign up in your 50s. For a couple, both aged 55 and in decent health, the
average annual premium is $2,350.
When it comes to finding the right
long-term care insurance in Banning, CA to help you feel your best,
contact Little & Sons Insurance Services. Serving Banning, Beaumont, Calimesa, and surrounding California areas, we will work with you to ensure you have the right amount of coverage, all at the right price.
