Long-Term Care Education and Insurance Solutions

Consider your retirement priorities. Financial security, health and independence are probably among the top five. Are you prepared for long-term care expenses, a major threat to all three?

Find out more about Long-Term Care education and insurance.

A real risk

• Think you’ll never need long-term care? Studies show that more than 60% of seniors over 65 will need some type of long-term care.
• Think your private health insurance or Medicare will cover it? Most long-term care services aren’t covered by your health insurance, and Medicare only pays for very specific, limited care. Medicaid requires you to spend down nearly all of your assets to qualify for assistance.

The cost of care

• Thinking of using your assets to pay for care? Be prepared: it’s expensive. One year of care in a nursing home averages over $66,000 for a semi-private room. Home health care can average $16,000 a year.
• Don’t forget the human cost. Without proper planning, loved ones taking on the role of primary caregiver can be faced with financial, emotional and physical stresses that can greatly impact their daily lives.
• Plan to be independent. Appropriate long-term care planning can mean the difference between making choices based on quality of life or based on financial necessity.

GuideStone wants to help you make informed long-term care decisions. Toward that end, LTC Financial Partners and MetLife were selected to make Long-Term Care education and insurance solutions available. Eligible employees and their families may qualify for discounts and simplified health questionnaires that could make getting affordable coverage easier.

For more information, visit LTC Financial Partners'  Web site (www.ltcguidestone.com) or call 1-877-582-4478.