Long Term Care

70% of Americans turning 65 can expect to use some form of LTC in their lives.

What is Long Term Care?

Long-term care involves a variety of services designed to meet a person’s health or personal care needs during a short or long period of time. These services help people live as independently and safely as possible when they can no longer perform everyday activities on their own such as:

  • Transferring
  • Continence
  • Toileting
  • Bathing
  • Dressing
  • Eating

The Most Common Care Settings are:

  • Home
  • Assisted Living Facilities
  • Nursing Homes

Alternative Care Settings:

  • Adult Day Care Centers
  • Continuing Care Retirement Communities
  • Nursing Homes

Today’s reality is that people are living longer. The longer you live, the higher the probability that you’ll need long term care. The cost of care can derail retirement planning, so it is imperative to become aware of benefits that don’t cover LTC, what trends may impact LTC costs, as well as the federal and state programs that cover care options.