My number one job is to find the best extended care program for you

Very true words, and I take them seriously. Even if it means I don’t get your business.

My father always said, “Always do what’s in the best interest for your client,” and I’ve never strayed from that. Because when you work with people in planning for their future, you want to be sure you are providing them with a good service they need at a price they can afford.

Case in point:  Last week I visited with a husband and wife who had both recently retired. They had no savings, were in reasonably good health, but were having trouble consistently paying their mortgage. They wanted to buy a Long-Term Care policy.

The more I talked with them, the more I was sure that Long-Term Care was not right for them. They were already strained paying their mortgage. The last thing they needed was to add another bill to their budget.

I suggested that a better route for their situation might be to get information on a reverse mortgage, since they did have equity in their home. I put them in touch with someone I knew would give them the information they needed to make a good decision.

They called me back to thank me and suggested that now that they had money in the bank, they could invest in Long-Term Care. I had to smile. I was pleased they believed so strongly in the program and in my services, but once again, I said that I didn’t feel Long-Term Care was in their best interest right now.

Would your agent have made that decision? My responsibility and commitment as a Long-Term Care planning specialist is to help navigate through the many choices available for clients, and help them choose what is best for them — even if it means I don’t sell them a policy.

I am always happy to talk to new potential customers and give them the facts about Long-Term Care and other extended care programs. And – I’m always ready to say no, if what I offer isn’t in their best interests. I think that’s the only way to go… and my father, I’m sure, would agree.          ~ Elise

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What IS Long-Term Care insurance?

Long Term Care insurance may seem complex, but in fact – it’s based on a very simple concept – being prepared.

Long-Term Care insurance (LTC) is a protection product sold in the U.S., the U.K. and Canada. Simply put, LTC covers health costs that employer health insurance, private health insurance, hospital insurance and health costs that Medicare does not cover. What are these health costs addressed only by LTC insurance?

  • Home healthcare
  • Assisted living
  • Adult daycare
  • Respite care
  • Nursing home care
  • Hospice care

LTC insurance has been around for quite awhile. Why is it being talked about so much right now?

  • People are living longer lives
  • Families are living farther apart
  • Health care costs are dramatically rising

Is Long Term Care primarily for the elderly? The facts tell a different story. 40% of those receiving long-term care today are between the ages of 18 and 64. But LTC is also for those over the age of 65. In fact, studies show that 60 percent of individuals over age 65 will require at least some form of long-term care services during their lifetimes.

But the thing about Long Term Care insurance is that it must be purchased BEFORE  it is needed. That’s because, once you have a condition that requires long-term care, you will no longer qualify for coverage.

It’s confusing, in a way, to plan ahead. How do you know what you’ll need? That’s where I come into the picture.  With 25 years of experience, I’m uniquely positioned to help you figure that out.

~ Elise

 

Long-Term Care insurance = being prepared for the future

Many of us think that if we have life insurance, Living Will, employer health insurance or private health, or Medicare, we’re all set. But unfortunately, that’s just not the case. I’ve seen what unexpected health crises can do when there hasn’t been forethought and planning, and it’s not pretty. In this regard, my insurance CLTC certification and training are important, but just as important is my 25 years of experience.

Because I know what CAN happen, I know how to protect you from as many potential problems as possible. As the co-founder of Your LTC Resource, my job is to assure that singles, couples and families are protected in as many ways as possible when it comes to their future healthcare needs.

That phrase “as many ways as possible” is incredibly important. We can’t know what our future mental or physical health will be. That’s why we need to have Long-Term Care insurance that is flexible as well as responsible.

Being flexible means both Long-Term and Short-Term Care insurance. It means taking a good look at your present health insurance policies, and finding the gaps. The more planning we do, the better prepared you’ll be for every health and financial contingency.

When you do our Long-Term Care planning homework, the payoff in your future is well worth the time.

~ Elise

Why a blog about Long-Term Care?

As Long-Term Care Planning Specialists for the past 25 years, Ed and I completely appreciate how confusing it can be to plan for your future. First of all, the possibilities are infinite. You want what’s best for you, your spouse, and your family, health-wise and financially. But what will the future look like?

You’ve probably taken care of your will and life insurance needs. And now you may be taking a look at health insurance programs, Medicare, or critical care insurance programs. What is covered and what isn’t? What is this Indiana Partnership Plan, and what does it offer? What if your spouse gets seriously ill? Is Long-Term Care covered through your Indiana health care insurance? How is long-term care different from short-term care? Do you need both?

It’s pretty confusing at first glance. How do you find the time to navigate through the maze of coverages, questions and scenarios?

That’s where Your LTC Resource, Inc. can help. Ed and I have spent decades learning how to help people just like you plot a course through these challenges. We know the right questions to ask. We know how to leverage the right coverages to protect you against any healthcare or needs possibility. And, because we’ve been through real-life experiences with both our parents, we also know what is needed to make sure there are no gaps in your coverage.

This new blog will create a helpful dialog, get your questions answered, and provide you with the type of information and examples you need to make smart decisions for your future.

We invite you to begin the conversation right here. Ask us a question and we’ll get right back to you with information. Of course, if you’d prefer talking to one of us in person – that’s fine, too. Contact us HERE or leave us a text with your contact information, and we’ll get in touch.

~ Elise