Long-Term Care Insurance.

Who needs Long-Term Care Insurance? Anyone who does not have the means to pay for long term services and support in a nursing home setting may be at high risk for losing everything.  The statistics show us that 70% of those over 65 will need some sort of long-term care during their lifetimes*. Are you prepared?  Neither health insurance nor Medicare pay for personal or custodial care. This includes the type of nursing services associated with recuperation or assistance in daily life. Assistance with eating, bathing, dressing, and toileting are during a recuperative period can cost about $400 per day. The average stay in a nursing facility in Connecticut is 2.5 years. How can you plan for this? We are PBI, and we are in the business of insuring your future.

Long-term care describes a person’s medical needs and non-medical personal care. Care can be provided from a number of different sources, from friends and family members to paid home assistance to nursing facilities. Suppose your parent has a debilitating condition, such as dementia, ALS, or a medical condition from which he is not expected to recover. Medical services are entirely separate from non-medical services. Non-medical services include meal preparation and feeding, bathing, reminders to take prescribed medications, and bathroom assistance.

At PBI our staff is well-versed in health insurance and long term care insurance. Many assumptions are made about long term care, what it means, and how to pay for it. Whether the custodial care is needed for a post-surgical recuperative period or for terminal conditions, you need the advice of a professional so you can prepare. The PBI Staff are experts in all aspects of Medical Insurance and Medicare Benefits and we can assist you with your questions about Long-Term Care Insurance. We believe it is important to open a dialog about long-term care with your spouse and your family. At PBI Insurance, we will be happy to meet with you to talk about your options for long-term care. We have offices in West Hartford and Hamden for your convenience. 860-233-1171.

*U.S. Department of Health and Human Services