It’s impossible to predict what amount of care you will need as you grow older. With long-term continuing care insurance, you can manage this unknown by protecting yourself against the risk of future of out-of-pocket expenses for nursing home care, assisted living facilities, and more.
What Is Long-Term Continuing Care Insurance?
Long-term continuing care is a range of services that includes medical and nursing care if you ever have a chronic illness or disability that leaves you unable to care for yourself for an extended period of time.
Long-term care can be expensive. Medicare pays only a small portion of short-term nursing home or at-home care following a hospitalization. Health insurance only pays your doctor or hospital bills if you get sick or injured. In general, those who need long-term care are financially responsible to pay the bills.
Did You Know?
Nearly 70% of individuals over the age of 65 will need some level of long-term care? And, more than 40% will go into a nursing home during their lifetime.*
This means that there is a good chance that you will need long-term care. At American Insurance Associates, we can help you understand how long-term continuing care insurance can protect you and your assets. As licensed insurance professionals located in Castle Rock, CO, we take the time to answer all of your questions about long-term health insurance and provide you with the insurance options that are best suited for your particular situation.
What Long-Term Continuing Care Insurance Covers
A long-term continuing care insurance policy pays benefits when you have a functional or cognitive impairment that meets specific criteria.
Long-term policies cover skilled care provided by nurses, therapists, and other professionals, as well as personal care provided by trained health aides. Most policies will cover care in your home, in an assisted-living residence, or in a nursing home.
As independent, licensed insurance professionals, we offer individual, long-term continuing care insurance from the top insurance providers in Colorado. We encourage you to call us today at 303-663-1555 to schedule a no-obligation consultation to learn more about this important insurance option that can help protect your financial future.
At American Insurance Associates, we pride ourselves on the fact that the vast majority of our business comes to us by word-of-mouth. We treat our clients like family, and because of this, we are often referred to family members and friends. Located conveniently in Castle Rock, we’re here for you and your family when you need us.
Call us for a free quote on long-term health insurance at 303-663-1555
* Statistic from the U.S. Department of Health and Human Services