Medicare and Medicaid Long-Term Care Coverage Information

health insurance Medicare Medicare Supplement

We are hearing a lot of talk about Medicare and Medicaid. When it comes to Long-Term Care these programs have limited benefits.

Medicare is health insurance for those age 65 and older. It will pay (along with your supplement) 100 days for skilled long-term care. That is it.

Medicaid is health care for the nation’s poor. It has a long-term care benefit BUT you must have very limited assets in order to qualify.

This link explains it all: https://mccannltc.net/resources/medicare-and-medicaid-coverage-information

See the information for your state, including tax benefits and partnership availability for affordable Long-Term Care Insurance: https://mccannltc.net/resources/state-information

Long-Term Care will impact you, your family, your savings and your lifestyle. Affordable LTC insurance will safeguard your future retirement savings from the financial costs and burdens of aging.

See how easy and affordable LTC insurance can be. Get free quotes and learn your options: https://mccannltc.net/quote

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Alzheimer’s in Recent NCIS TV Episode

A Bowl of Cherries

CBS-TV’s NCIS on their April 4th episode deals with Alzheimer’s and memory loss when agent’s mom reveals her problem. The emotional scene reminds us that memory loss and aging issues impact every family. Memory problems are one of the major reasons people

require long-term care. The impact on family is tremendous. It impacts your savings, your lifestyle and places a huge amount of burden on loved ones.

Watch the scene: https://www.facebook.com/matt.mccann.longtermcare/videos/10155230166306757/

Advance planning will reduce the burden any type of Long Term Care places on family. Affordable LTC insurance will protect assets and allow family members to be loving and supporting. The financial costs and burdens of #aging will impact you and your family Act before your #retirement – get your free guide on long-Term care planning –  and learn about your options, including partnership plans which provide additional asset protection and single premium “hybrid” plans with death benefits. www.mccannltc.net

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Work with Specialist in Long-Term Care Planning

Matt McCann conference pic 5There are many financial planners and insurance agents throughout the country. There are very few Long-Term Care specialists.

If you are looking to find an affordable way to address the financial costs and burdens of aging than contact me.

Endorsed by the American Association for Long Term Care Insurance, I represent all the top companies, licensed throughout the country and have 18+ years of experience with thousands of clients throughout America.

Affordable LTC insurance will safeguard your future retirement and ease the burden care places on family. Traditional plans, partnership plans, single premium plans with death benefits and shorter benefit plans are available and affordable.  Plus you will have the money to have quality caregivers and quality facilities. This adds tremendous peace-of-mind to your family.

The US Department of Health and Human Services says if you reach the age of 65 you have a 7 in 10 chance of needing some type of long-term care service before you pass. The cost of care is high and is most long-term care services are not paid for by health insurance, Medicare or Medicare Supplements.

We need long-term care due to illness, accidents or the impact of aging. Alzheimer’s and dementia become common as we age but are only one of many reasons people require help with activities of daily living or supervision due to memory problems.

not all dementia present the same

Act before you retire and see how EASY and AFFORDABLE  a Long-Term Care plan can be: www.mccannltc.net

Get free quotes from all the top companies: www.quoteonltc.com

There are a few good online resources for consumers to learn more:

LTC Planning News: www.longtermcareplanningnews.com.

US Department of Health and Human Services LTC site: http://longtermcare.gov.

The American Association for Long Term Care Insurance: www.aaltci.org

My website has some useful information as well: www.mccannltc.net.

 

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Long Term Care Insurance Claims Rise In 2016

insurance claim form

As the American people age and improvements in medical science allow us to survive illness and accidents more than ever before, people with Long Term Care Insurance are receiving benefits in even larger numbers.

 

The nation’s long-term care insurance companies paid $8.65 Billion in claim benefits in 2016 according to the American Association for Long-Term Care Insurance (AALTCI) a national consumer education and advocacy group.

Long Term Care Insurance works and provides the benefits required to safeguard your future retirement income and assets from the financial costs and burdens of aging. A affordable plan for long-term care will help you have a successful retirement with asset protection preserving the lifestyle you and your spouse/partner have enjoyed and the ease the burden extended care places on loved ones.

Read the full article here from LTC Planning News: http://longtermcareplanningnews.com/articles/long-term-care-insurance-claims-rise-2016

The best time to start planning for long-term care is before you retire as part of your overall retirement plan. The goal is to safeguard your 401(k), IRA, #403(b) and other savings. Affordable LTC insurance will protect your assets and ease the burden on your family.

Learn your options and see how easy and affordable a long-term care plan can be.

http://mccannltc.net/

 

 

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Most People Can Afford Long Term Care Insurance

Middle aged couple in a cafe

Like many people these days you probably go to the internet to research products and services. It is easy and convenient. It can also be a maze of inaccurate or misleading information. Do a search on long-term care planning and long-term care insurance; you can find a bunch of stuff. This “stuff” suggests anything from LTC insurance is affordable and essential to very expensive and not necessary.

 

 

If you are a smart consumer you will check your facts and find a specialist who can answer your questions, explain the pros and cons based on your situation, see which company best fits your age and health and help you through the underwriting process. This way you can have the peace-of-mind having an affordable plan to address the financial costs and burdens of aging.

LTC insurance is affordable especially if you plan in your 40’s and 50’s. This is not to say it is too expensive if you are older but health issues may make it more difficult. This is why you should contact a person like me who represents all the top companies and has extensive experience

Read the article from LTC Planning News: http://longtermcareplanningnews.com/articles/long-term-care-insurance-costs

Learn about your options and act before you retire: www.mccannltc.net

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David Cassidy Reveals He is Suffering from Dementia

david-cassidy-depositphotos_17722663_m-2015-minI had the wonderful opportunity to have lunch with and speak with David Cassidy on the phone a number of times. This is sad news as he now has to deal with memory loss. However it is a good reminder for us to make sure we plan for a successful retirement before we retire, This includes a plan for the financial costs and burdens of aging. Affordable Long Term Care insurance will safeguard your 401(k), IRA, 403(b) and other savings from high costs of extended health-care. Time to act is now.

Read the story on David Cassidy here on LTC Planning News: http://www.longtermcareplanningnews.com/articles/david-cassidy-reveals-he-is-suffering-from-dementia

I deal with many claims due to memory loss. In addition, I speak with many families looking for long-term care insurance AFTER a family member becomes diagnosed. At that point it is too late. The tremendous disappointment I hear is sad as they now know they have to deal with the situation all my themselves. This is why a successful future retirement needs to include affordable LTC insurance.

Be sure to act before you retire and protect your assets and future retirement income from the high costs and burdens that come with long-term care. LTC insurance is easy and affordable … but act when you are younger and healthy so you have the best options.

www.mccannltc.net

 

 

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Adult Children Dread Discussing Senior Living with Aging Parents

discussions-most-difficult-to-discuss-with-parentsThe most-dreaded topic of discussion that adult children have regarding their aging parents involves the older adults’ perceived need for assisted living and long-term care, according to respondents to a recent poll. While this is really no surprise, the consequences of not planning in advance can cause great stress on family. Affordable Long Term Care insurance will safeguard future income and assets (401k, IRA, 403b)  and ease the burden placed on loved ones.

Read the article:

http://longtermcareplanningnews.com/back-page/adult-children-dread-discussing-senior-living-with-aging-parents

The financial costs and burdens of aging impact all of us at some point. Without an advance plan crisis management comes into play. Decisions are made that may not be well thought out nor to everyone’s liking. Default family caregivers can’t keep up, paid care is put in place, money is drained and even quality care can be impacted. This is why it is in everyone’s best interests to think about these things well before you age. Long Term Care planning should be part of your overall retirement plan and put in place in your 50’s at the latest. Affordable LTC insurance will provide the resources for quality caregivers, safeguard savings and income (401k, IRA, 403b), provide choice of care (home, assisted living, nursing home. Adult daycare, etc.) and ease the burden on family. Plus many plans have case management so a professional can help make recommendations and arrangements for care. This will allow family members to be loving and supportive. This is also ensure you get the type and quality of care you want while protecting your assets and the lifestyle (yours and your spouses).

You think you are too young to think about long-term care? Answer these questions:

  1. Are you working and saving money in a 401k, 403b, SEP or other retirement plan?
  2. Do you have assets over $50,000?
  3. Do you want to avoid burdening your family?

If the answer is yes to those questions than you should learn your options. Plus, many states have partnership plans which provide additional dollar-for-dollar asset protection. Don’t allow a crisis situation happen years from now when your adult children may have to dread making decisions about aging and long-term care. An advance plan today will help you have a successful future retirement and allow you to enjoy peace-of-mind.

Get free quotes from all the top companies and learn your options for a successful future retirement: www.quoteonltc.com

 

 

 

 

 

 

 

 

Act before you retire: www.mccannltc.net #aging #parents #LTC #health #GenX #Boomers

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