Preserving Your Dignity for Life
Living life the way you want to. That's what independence is all about. Yet, few of us have the financial resources to ensure our independence if we need ongoing care as we grow older, or in the event of a serious illness, injury or disability which can strike at any age. That's where long term care insurance can make a big difference in preserving your independence.
Long-Term Care Insurance
Ray Donnelly - Your New York Long Term Care Specialist
LTC Financial Partners is a licensed insurance agency that specializes exclusively
in Long Term Care Insurance. Our company is composed of over 500 state-licensed
long term care insurance agents, and is one of the nation's largest long term care
insurance agencies. Our mission is to provide you with excellent service, helpful
advice and useful resources about long term care insurance.
We
represent the nation's top long term care insurance carriers, such as John Hancock
and MedAmerica, and can provide quotes that best meet your individual needs.
LTC Financial Partners performs a computer analysis to produce a list of policies
matching your needs and financial situation. Then Ray uses his considerable experience to help you narrow down your choices to find the best
policies and premiums.
Get Started Now: Call Ray Donnelly at (800) 747-8310 to review your long term care insurance information.
New York Long-Term Care Facts:
Get the Facts About Long Term Care Insurance, Costs & Coverage
Traditional health insurance and disability insurance are not designed to pay for
long term care services. Additionally, Social Security and Medicare do not pay for
the costs of long term care. Private long-term care insurance may be your best option
to help cover the future cost of care. Below are some startling statistics about
long term care in America.
- 40% of people receiving long-term care are working-age
adults between the ages of 18-64.
- National Clearing House for LTCI Information, 2008.
- 74% of consumers ages 55 to 65 polled for a recent survey said
they are concerned about
needing some kind of long term care.
- Prudential Financial Inc. Newark, N.J. 2010 Long Term Care Cost Study.
- About 70% of Americans over the age of 65 years will need long-term care
services during their lifetime.
By 2020, this number is expected to exceed 12 million.
- Prudential Research Report: Long Term Care Cost Study, 2010.
- About 74% of consumers between the ages 55-65 are already
looking into some type of long term care.
-Prudential Research Report: Long Term Care Cost Study, 2010.
- Aging Baby Boomers will significantly impact the potential demand for long-term
care services over the next two decades – according to research by Prudential Financial,
over the next 20 years the number of Americans age 65 and older
will more than double to 71 million, comprising roughly 20% of the U.S. population.
- Nationally, home health care costs have grown by 13% since 2008
and the annual cost for a private room in a nursing home exceeds $90,000 in 2010.
-Prudential Research Report: Long Term Care Cost Study, 2010.
- About 70% of people over age 64 will require some type of long
term care services during their lifetime. More than 40% will need care in a nursing
home. - National Clearinghouse for Long Term Care Information, 2008.
- Women will need care longer (3.7 years on average) than men (2.2
years on average), mainly because women typically live longer. - National Clearinghouse
for Long Term Care Information, 2008.
- While about 1/3 of people 65 years old may not ever need long term care services,
20% will need long term care for longer than 5 years. - National
Clearinghouse for Long Term Care Information, 2008.