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Long Term Care Insurance

Long term care costs continue to skyrocket in the United States. Currently, the national average for an assisted living facility is $47,000 per year, and over $88,000 for a private room in a nursing home.  These costs are rising an average of 5% per year, which is nearly twice the rate of historic inflation.

A comprehensive financial plan will in many cases include some type of long term care insurance to help offset the costs of care. 

Whether you're seeking a comprehensive plan designed to cover most of your future long term care costs, or a simpler policy to help cover some of the costs, I can help you sort through the options. 

Some important aspects that determine pricing include the following:

  • Inflation coverage
  • Daily benefit coverage
  • Total long term care coverage dollar amount
  • Health history
  • Years of coverage