The Best Long Term Care Insurance Information

Due to the advances in modern medicine and the growing popularity of lifestyle changes, the number of people over the age of 65 is projected to double by the year 2050. Statistically, Americans over the age of 65 face a 40% risk of entering a nursing home for Long Term Care services.

Each year the U.S. elderly population continues to grow. In fact, the 80-plus segment represents the fastest growing segment of the population.

Now more than ever employers are offering group long term care insurance in the workplace. This is not to be confused with health insurance which sometimes is described as long term health care insurance. It is of great importance to conduct a proper comparison and know the overall company rating of the carrier you are considering.

What is Long Term Care?

LTC includes a wide range of medical and support services for people with a degenerative condition - Parkinson's, stroke, etc, - a prolonged illness, such as Cancer, or cognitive disorder, like Alzheimer's Disease.

What is LTC insurance?

Long Term Care insurance allows the insured to pay an affordable premium in order to protect themselves in the case of an unaffordable catastrophic event.