Who Pays for Long Term Care? You Do … Unless …

Who WIll Pay for LTC Info Graph

If you are like many people you may have thought your health insurance or Medicare (for those 65 and older) would pay for extended Long Term Health Care. “No worries” you say. Generally most people think this UNLESS they have a personal experience, parent or grandparent, aunt or uncle, maybe a co-worker or neighbor. Then you discover the financial costs and burdens of aging. Wait, many people are not “old” when they need care. You’re right. People need Long Term Health Care due to illnesses, accidents and the impact of aging. People require extended care at all ages. Take a look:

44% of people who need LTC are under age 65

How would a Long Term Health Care situation impact your savings? Your family? Your future? How would spending down retirement savings impact the lifestyle of your spouse? How would that impact your adult children … your grandchildren?

Affordable Long Term Care Insurance will provide the resources so you can take this catastrophic situation and make it manageable. Premiums are affordable. Premiums can be in some situations tax deductible. If you have a Health Savings Account (HSA) you can pay premiums from there using pre-tax dollars. Proceeds from a policy are always tax-free. Most states have LTC Partnership policies available to you. These plans provide dollar-for-dollar asset protection.

Yes, premiums are very affordable, especially if you are in good health.

When do you plan? If you are saving money for retirement and contributing to your 401(k) at work, or a personal IRA or SEP or 403(b) you should be safeguarding your accounts. While best time is in your 40’s and 50’s, plans are available and affordable at most ages.

If you are married or have a partner ask me about shared care policies as well. The time to act is now … you can’t wait until you need care. At that point it is too late.

Get your free quotes and learn your options. For FREE QUOTES: www.quoteonltc.com

Visit the Matt McCann website for information on LTC Planning: http://mccannltc.net/

LTC Planning News is an outstanding resource I use for articles, links, videos and more on LTC Planning: http://longtermcareplanningnews.com/

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

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

Don’t just let things happen and place the burden of caregiving on your spouse or adult children. That doesn’t work. Nor should you risk your hard earned assets. LTC insurance is affordable and easy … let me help you discover how easy it can be!


About Matt McCann

Matt McCann is recognized as a leading Long Term Health Care (LTC) specialist. Since 1998, Matt has been a national leader in finding solutions for the physical, emotional and financial burdens LTC places on American Families. He has been recognized by the American Association for Long Term Care Insurance as one of the top specialists in the country. In 2015 he was listed among the top ten specialists in LTC planning in the nation. He has also worked in sales management for two of the leading organizations marketing LTC products. He served as Director of Business Development for ACSIA LTC and Senior Vice President/Sales for LTC Financial Partners. Many of his agents have been among the top LTC specialists in the industry. Matt's divisions have also led in an innovative webinar approach which allows agents to use screen sharing software so prospects can see the agent's desktop. Matt's proven areas of success include sales coaching, training and motivation in additional to being an experienced LTC specialist. He has produced results in total production, placement rates and lead efficiency. Matt is known for years of experience leading creative efforts for agent meetings and sales promotions which drove results for both agents and consumers. He is now focused on helping consumers find affordable solutions so they can protect their assets and never be a burden on family and loved ones. He specializes in LTCi, Critical Care and Asset Protection products. Matt also coaches individual agents throughout the country helping them improve their processes to help more consumers. Matt is also known as an effective public speaker on LTCi and LTC issues as well as sales motivation. He appears on radio and TV programs and is available for bookings. Because of his schedule an advance notice is always requested. Prior to dedicating his life to LTC, Matt was a well known radio station manager and personality, He worked at radio stations throughout the country He may be best known for as legendary Chicago radio personality Larry Lujack's co-host when Lujack came back out of retirement years ago. Matt can be contacted by email at http://mccannltc.net/ or by phone at 866-751-7957. You can follow Matt on Twitter: @mccannltc - https://twitter.com/mccannltc
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