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Long Term Care Insurance Seattle Bellevue Everett
Bellingham San Juan Islands Tacoma
But
what if you don’t die?
 Now
that sounds like a pretty strange statement and, of course,
sooner or later we all die.
Yet it is a valid question when you think about it in
terms of illness or injury.
Catastrophic events can occur at any time which leave the
victim in a lingering state, somewhere between life and death.
Strokes, heart attacks, car crashes and wasting diseases
such as Alzheimer’s leave people alive, but totally or
partially unable to function or take care of themselves.
Today’s
aid car is better equipped to save lives and keep people alive
than was an entire hospital just twenty five years ago.
The miracle of the 911 system is it just plain saves
lives and that is wonderful.
But what then? All
too often the life that has been saved is severely damaged,
often beyond repair. The
victim and his/her family are faced with an entirely new reality
-- Long Term Care. Some
where, some how this person must be cared for and there are not
a lot of options. Hospitals
are not equipped nor allowed by Medicare to deliver long term
care, so if the patient has been hospitalized they must leave
the hospital in very short order--usually as soon as one is
stable. There are
only two places to go -- home to be cared for by the family or
to a nursing facility where there will be professional care.
In both cases the family is going to be turned upside
down and the cost is very high.
A typical facility will cost more than $200 per day,
often much more. Home
care will at least require someone to stay at home to offer care
or the family may hire a caregiver. 24/7 home care is relentless
and can easily cost $600 per day.
As
you can see, it won't be long until the family is bankrupt,
usually about 6 months. At
that point Medicaid will pay the bills for facility care if the
facility accepts Medicaid (not all do) and if the
patient has less than $2,000 in assets.
The
facts are that 1 in 4 people over age 65 will need long term
care for one reason or another as will 1 in 3 above the age of
70.
What
to do? Buy Long Term
Care insurance. It
is the best thing you will ever do to protect yourself and you
family. LTC
insurance will pay those bills and assure you that don't go
bankrupt. It’s
that simple. You
wouldn't think of leaving your biggest asset, your home,
uninsured so why would you not insure your biggest
liability…your body.
The
cost of LTC insurance is based on your age and your health and
current age – so the younger you are the lower the premium.
There are plans which will pay the bills for you and
other plans which will give you the cash for you to use any way
you see fit.
I
have helped people with this insurance need for over 20 years
and I am sure I can help you.
You owe it to your self and your family to look into Long
Term Care insurance.
Bish Wheeler, LTCP
THE WHEELER INSURANCE AGENCY
INC
P.O. Box
1801
Friday Harbor
WA
98250
360 708 5350
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