Long Term Health Care
When you or a loved one requires long term care, assuming a proper long term care insurance policy is in force, an insurance provider can assume most or all the cost of long term care, be it at home or a long term care facility or nursing home. With most long term care insurance plans, an individual purchases a "daily" amount of insurance to cover the cost of care. Depending on the age, health and circumstances of an individual, one might not be able to obtain long term care, and is then forced to self-fund, thus depleting the assets of their estate. Another option is to seek government assistance. Regardless, a long term care event can equate to disaster for any retirement plan.
Long term health care insurance helps to retain dignity and financial freedom, upon the occurrence of a long term care event. It also provides the flexibility to participate in making choices to impact your care. To learn more about long term care insurance, please discuss your options with Patrick Financial Group, L.L.C.
- Nursing Home Care - Gives resident's skilled nursing care 24 hours a day
- Skilled In-Home Nursing Care - In-home nurses provide skilled nursing services for you in the convenience of your own home
- Adult Day Care - Provides daytime supervision, giving caregivers the assistance they need
- Personal and Home Health Aides