Visiting Angels of Raynham, MA offers Long Term Care Insurance Tips

Anyone who’s been in a relationship knows the value of a long-term bond. It takes trust, truth, honesty and care. Visiting Angels of Raynham, MA knows that, too. We’ve been serving Raynham, Taunton, Bridgewater, Easton, Attleboro, Plympton, Brockton, Fall River and the surrounding area for several years. As caregivers for local Bristol County seniors, we know that smart planning can help pay for the costs associated with long term care. It can be a confusing process but having a partner like us who knows the benefits helps.

Visiting Angels of Raynham can assist you in finding ways to allow your long-term insurance to protect your assets, relieve burden on family caregivers and get high quality home care no matter where you live or what is your situation. Finding the right care insurance plan means understanding what it is and how you can benefit from it for a while.

What Long Term Care Insurance Covers

Long term care insurance usually covers expenses related to care for seniors or those who are disabled – the same in-home activities provided by Visiting Angels of Raynham. Of course, our services include things like personal hygiene, housekeeping, laundry, meal prep, medicine reminders and other related individual help.

However, your insurance can cover so much more – care at assisted living facilities, nursing homes, adult day care centers and hospice care. You can imagine the desire to limit financial drain on loved ones is a large reason why so many family members choose long term insurance. You can’t presume that Medicare coverage automatically includes long term insurance. The truth is it only includes limited benefits when it comes to brief rehab stays.

Why Long Term Care is Becoming Popular

Baby boomers – born between 1946 and 1964 – represent one of the peak increases in American population. Now as they gain in years, baby boomers are making long term care insurance even more popular. A report from the United States Department of Health and Human Services says a minimum of 70 percent of people over 65 years old will need some type of long-term care in their lives.

What You Need for Long-Term Care

Insurance varies by location and age, but another issue is the inflation protection you select. Usually that number is around 5 percent for compound inflation protection; others opt for 3 or 5 percent simple, or 3 percent compound protection. As always consult your financial advisor prior to selecting a policy.

Other Resources

To learn more about long term care insurance, visit the following sites:

• United States Department of Health and Human Services
• American Association for Long-Term Care Insurance
• AARP

For more information and to schedule a free consultation call Visiting Angels of Raynham at 774-501-3861.