Long Term Care

Make Sure Your Long Term Care Insurance Fits Your Growing Needs

Long term care insurance is an important part of a good financial plan because long term care needs can be extremely expensive and may occur at any age. New tax laws and tax-qualified plans help make long term care insurance more attractive and affordable.

Benefits

The high cost of long-term care is a serious threat to the financial security of millions of Americans. Long-term care is the type of care you would require if you needed help with basic activities of daily living such as bathing, dressing or eating. Nursing home costs are rising at 4.6% per year and assisted living is rising at 5.2%.

The average annual cost of a nursing home stay today can be $74,825 ($205/day) for a semi-private room and $83,585 ($229/day) for a private room.
The average annual cost of assisted living is $39,576 ($3,298/month) and can be as high as $78,000 ($6,500/month) and continues to rise.
Home health care is $19 to $20 per hour, averaging $67 per day. Home health care helps with IADL* as well as ADL*.

The ability to be independent is priceless. Health is everything. Buy long-term care insurance while you are healthy.

As one step in addressing these concerns, we have arranged for the availability of individual long-term care insurance at a special premium discount through several insurance carriers. The benefits to you include:

Comprehensive - Facility, Home and Community Based Care Available to association members, their spouses, parents, grandparents, children and grandchildren.
Premium discounts
Non-tobacco user discount
Qualified for Tax Deduction (in some cases)
Hagan Benefits consultant to help you determine the appropriate program

Guaranteed Renewable

Long Term Care Insurance policies are guaranteed renewable, meaning that the companies cannot increase premiums for a plan unless they are increased for all and policies cannot be cancelled.

Apply now for long term coverage

Participation in this program and choice of benefits is obviously a matter of personal choice.

Please take a few moments and contact the long term care insurance specialist.

Jim Bosley will be happy to assist in a customized plan to meet your needs and can quote many companies and options.
Call Jim today.
1-800-657-4335
jim@amsrnetwork.com

* IADL is defined as Instrumental Activities of Daily Living including: Cooking, cleaning, shopping, house keeping, laundry, and bill paying. These are 6 things children, the neighbor or a church group can help you with to stay out of a nursing home. If you do not have a good support system, you will have to pay for these services or go to an assisted living facility where you pay to have these services.

** ADL is defined as Activities of Daily Living including: transferring, toileting, bathing, dressing, eating, continence. You need to be unable to do 2 of these 6 to trigger a Long Term Care policy.