Prudential Financial Inc. notes that 74% of consumers ages 55 to 65 polled for a recent survey said they are concerned about needing some kind of long term care. That's about three in every four of us! But the consumer concern has not yet been translated into action in most cases. In the Prudential survey, 25% of all consumers admitted that they have no idea what a day in a nursing home costs. And only 22% of the participants mentioned the idea of using private LTC insurance to pay for care. (Prudential Financial Inc. Newark, N.J 2010 Long Term Care Cost Study)
Below are some estimates for your thoughts!
My Mom Rose likes to live on her own terms, her Long Term Care Policy allows her to live as she wishes in comfort and privacy. As you may imagine, the policy also provides her children with piece of mind, we know there is a policy in place that will pay for the expensive in-home care or private care, when needed. Suncoast Benefits will assist you in creating a long term care plan that fits your financial and healthcare needs.
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3 out of 4 Need More
What Does Long Term Care Cost?
$4 Prescription Program at Walmart:
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