What is Long Term Care?

Long term care is something you may need if you can no longer perform everyday tasks by yourself. For example, there may come a time when you need help getting dressed, eating or bathing. It also includes the kind of care you would need if you had a severe cognitive impairment like Alzheimer's disease. You can receive this care in a variety of settings, including your home, an assisted living facility or a nursing home.

Why do I need Long Term Care Insurance?

Because Long Term Care is expensive!

Today, the national average cost of a semi-private room in a nursing home is approximately $52,000 annually. Depending upon where you live and the type of facility that you would prefer, costs can be significantly higher. Home health care is expensive, too: the national average cost of home health care is well over $20,000 annually (that's $18/hour, five hours per day, five days a week for a home health aide). This figure is expected to climb to $68,000 by 2030. Are these costs that you could afford tomorrow?

And what if you need long term care in the future? Nursing home costs have been going up about 5% a year. If that continues for another 30 years, the cost of nursing home care (for a semi-private room) in 2032 is expected to be $190,600 a year. As you plan for the future, you should consider whether this is an expense you will be able to afford.

Comprehensive Benefits Agency has partnered with Long Term Care Strategies to bring you access to products from over a dozen different long term care insurance carriers.

Long Term Care Strategies offers you...

• Side by side quote spreadsheets for easy comparison
  
• All of the application forms you'll need to write a piece of business
  
• Carrier appointment forms to get contracted
  
• Assistance in matching the client to the most appropriate carrier
  
• Impaired Risk Expertise for your most difficult cases
  
• Presentation and Enrollment assistance if requested
  
• Competitive commission schedule
  
  

If shopping for Long Term Care insurance, please complete the online proposal request form or contact CBA direct at 1-800-986-3059.