[Fredslist] MYTHS (promo)

[Howard W. Bersch]

EXPOSING LONG-TERM CARE MYTHS

 




Myth

Long-term care is for older people-I'll never need it.

 

 

 

 

Long-term care means going to a nursing home.

 

 

 

 

 

 

Medicare or Medicaid will pay my long-term care expenses.

 

 

 

 

 

 

I'll use my savings to pay for long-term care expenses.




Fact

Even with modern medical miracles, today's baby boomers are facing an almost
1 in 2 chance of needing long term care or assistance with daily activities
at some point in their lives.

 

50% of all Americans over the age of 65 will enter a nursing home sometime
during their lifetime. However, health care institutions provide only 22% of
long-term care. Almost 78% of that care is provided at home or in a
community program.

 

Medicare covers only 100 days of skilled care following a hospital stay.
Medicaid will cover long-term care only for those with no money. In
addition, new regulations limit transferring assets to family members before
applying for Medicaid coverage.

 

Current annual costs of long-term care average more than $70,000.  Projected
costs are expected to triple in 30 years.




 

BUY LONG-TERM CARE INSURANCE

Take Care of Tomorrow Today!

 

PLEASE CONTACT HOWARD W.BERSCH

201-567-3236

www.hwbinsurance.com <http://www.hwbinsurance.com/> 

Email:  howard at hwbinsurance.com

 
Howard W. Bersch
tel. 201 567-3236
fax 201 567-6210
email- howard at hwbinsurance.com
Take Care of Tomorrow Today
 
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