The Care You Need – When You Need It Most
According to the Federal Government, over 60% of senior citizens will experience the need for long-term healthcare at some point in their lives.
Unfortunately, the vast majority of seniors have no protection from this very legitimate threat. Some cannot qualify due to poor health, some assume the government will take care of them, some cannot afford the premiums, and others are simply in denial of the potential disaster of a long-term care situation.
The need for coverage is real. However, there are some very valid reasons why seniors avoid obtaining conventional long-term care coverage.
For those without a long-term care strategy, the options are fairly limited. If needed, you can pay for it with your retirement assets, or, have family members or friends help you perform the activities of daily living(ADL’s). Once your assets are depleted, then, you may qualify for government assistance through Medicaid.
To learn more about the new ways seniors are protecting themselves against this tangible threat contact Rural Electric Planning Group, LLC, today.
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