Long Term Care graphic

 

Long term care services can help seniors maximize their independence and ability to function at a time when they are unable to be fully independent.  According to a recent study, the need for Long Term Care (LTC) services represents one of the greatest financial risks facing seniors during retirement.  The average length of time they will need long term care is about 2 years.

What is Long Term Care?

Long term care includes a variety of services and supports to help meet personal care needs over an extended period of time. Long term care may involve personal care assistance, and help with everyday Activities of Daily Living (ADL’s) such as:

  • Bathing
  • Dressing
  • Assistance in the Bathroom
  • Transferring To/From Bed or Chair
  • Caring for Incontinence
  • Eating

Will You Need Long Term Care?

Americans are living longer than ever before, which means you could enjoy retirement for many years. However, with a longer life expectancy comes an increased probability of experiencing health conditions associated with aging. The unfortunate reality for American families today is that long term care is an all-too-familiar issue. Long term care isn’t typically covered by traditional health insurance plans and Medicare generally provides a plan that is associated with a rehabilitative plan or skilled care.  Medicaid only pays after you meet eligibility requirements including significant restrictions on income and assets so you can contact your local Medicaid office for details.