Is Long Term Care Insurance Right For You?

I worked in the insurance field as a medical assistant. I performed physicals to people who bought life insurance or increased their life insurance policy. I was a roving assistant who covered a 50 mile radius; I went to the home or business of clients to perform physicals. One day of the week I would work out of the office performing EKG’s on clients who had an insurance policy that required them. I did this job for 5 years. I loved the freedom to set my own hours.

Nearly 75 percent of all people who are turning 65 this year will need some type of long-term care in the years to come. That means that by the year about million people home health aide salary will be receiving some form of long-term care.

On the way back in, I quickly became tired and decided to walk the rest of the way, but there was no bottom! Sure enough, the wind must have pushed us over a deep hole in the lake, and with the increasing turbulence and high waves, I was in trouble.

The thing is, many times if you do decide to take your parents in, it can put a huge strain on your relationships with your spouse and children. Your already busy life will get even busier and sometimes you’ll feel as though you’re taking care of another child.

If you are not sure that you need this type of insurance you may be wondering if long term insurance worth it? There are several reasons why you may want to consider this kind of insurance. Long term care insurance will help defray the costs of assisted living care, nursing home care, home health aide salary care and more. This becomes important if you are aging or have health problems. The most common reason that people seek long term care insurance is due to old age or a pre-existing condition. Patients who have had stroke, heart problems, memory issues or diabetes many wish to consider long term care insurance.

It was now time to get a hospital bed moved into our home and I was not emotionally prepared to lock her in bed. The clang of those cold bars as they clicked in place and her stare of disapproval cut deep. It did not seem right to lock my own mother up!

Many people confuse Medicare and Medicaid. They do have similar names, but are very different programs. Some people are on both Medicare and Medicaid, but they are on them for different reasons. Medicare is for seniors and disabled people. Medicaid is for people with low assets and incomes.

“If you break your neck, if you have nothing to eat, if your house is on fire, then you got a problem. Everything else is inconvenience.” ~~ Robert Fulgham.