Long Term Care Insurance - Do you Need it?

Do Americans Need Long Term Care Insurance?

Americans should consider Long Term Care Insurance because Medicare will only pay for short stays in nursing homes. As Americans live longer, the odds that older people will spend time in a nursing home are escalating. Nursing homes cost $1000's of dollars a month, and that stay can wipe your assets out quickly. Then seniors are forced to rely on Medicaid and charity, they may lose everything they wanted to leave to their spouse and children, and are limited on their choices of nursing homes, or other long term care options.

How can you find out about Long Term Care Insurance?

Start With Insureme to find a local agent or compare long term care insurance plans in your area online.

Insureme Performs 100,000 insurance quotes a month, and can provide online insurance quotes, compare insurance plans, and refer you to a qualified local insurance agent in your area. I would suggest research like this to determine if you need long term care insurance, and to determine which kind of long term care insurance would be best for your needs and budget.

Long Term Care Plans come in lots of varieties and flavors, and it may help to have an agent look at your needs and budget to come up with a plan that will work for you. Some have daily benefits that are fixed, and some have an inflation rider. Long Term Care Annuities are gaining popularity as well.