Developing a Long-Term Care and Retirement Plan working together by Les Robinson CLTC

AMHERST, N.Y. - Jan. 7, 2020 - PRLog -- — If you or a loved one may someday need help with the activities of daily living,

Robinson points to facts supplied by the U.S. Department of Health and Human Services (HHS):

(1) What is long-term care (LTC)? It's help with the activities of daily living (ADLs) such as bathing, dressing, using the toilet, transferring (to or from bed or chair), caring for incontinence, and eating.


(2) Who needs care? According to recent research, almost 70% of Americans turning age 65 will need LTC services at some point, HSS reports. Advancing age and gender are key factors.

(3) How much care will you need? "One-third of today's 65-year-olds may never need long-term care support, but 20 percent will need it for longer than 5 years," says HHS. Also, women need care longer than men, 3.7 versus 2.2 years.

(4) Who will provide your care, and where? Care may be provided by an unpaid caregiver (family member or friend); or by a paid caregiver such as a nurse, home health or home care aide, and/or therapist who comes to the home; or by adult day care services in the area or a variety of long-term care facilities.

(5) Who pays for long-term care? Medicare may cover some skilled and rehabilitative services, but "does not pay for non-skilled assistance with Activities of Daily Living (ADLs), which make up the majority of long-term care services," HHS reports. Unlike Medicare, Medicaid does pay for the majority of care services, "but to qualify, your income must be below a certain level and you must meet minimum state eligibility requirements."

(6) Developing a Long-Term Care and Retirement Plan working together to help keep your Money and Income going to Medicaid and a Nursing Home

At LesLTC, we're here to bridge the gap between information and action."

Robinson company starts by helping people nail down whether LTC planning makes sense in their particular case

." These alternatives include:

• Long Term Care Planning
• "Hybrid" policies (typically life insurance with LTC riders),
• Worksite LTC
• Annuities with tax advantaged LTC features,
• Critical illness insurance,
• And additional protections including LTC education and referrals to care services.

Looking to set up a 10 minutes appointment, to see if we have you protect and preserves your Money and Income from Medicaid or a Nursing Home

Les Robinson  may be contacted at les@lesltc.com or 1-800-875-0140

Sign up for a free, no – obligation meeting http://lesltc.com/quote/