Long Term Care Insurance By G. M. White At Isnare.com Ezine Articles

Long term care insurance is very recent type of coverage, created to meet the needs of a rapidly ageing population. Seventy-seven million people in this country will turn fifty over the next eighteen years. People in the United States are living longer lives, but with that comes an increased need for long term care, or some form of assisted living. Unfortunately, very few of those who are in critical need of long term care insurance even realize it.

Many people make the false assumption that their long term care insurance needs will be covered either by the government, in the form of Medicare or Medicaid, or by their existing health care plan. The reality is that, in most cases, neither of these will provide reliable coverage for anyone facing a serious illness or disability. Neither custodial care in a nursing home, nor assisted living in the private home, is covered by most Medicare or Medigap policies. Considering that a nursing home can cost between $36,000 and 60,000 a year, or that a registered nurse can cost up to $40/hour, it is easy to understand how dependence upon the government for long term care can quickly devastate even the most substantial savings. Nationwide, health care plans and Medicare combined cover only about 3% of the costs of long term care, and Medicaid only becomes applicable once you are impoverished. The sad truth is that, given the high costs associated with this kind of care, this can easily happen after only one year in a nursing home.

Texas Auto & Home Insurance does not want to let this happen to you or your spouse! If you are a healthy man or woman over the age of 50, and do not yet have long term health care insurance, the time to find a policy is now! George White has over twenty years experience working in all aspects of the insurance industry. Texas Auto & Home Insurance, founded in Houston, TX in 1983, has access to the wide range of resources and knowledge that will ensure you can maintain your independence and stability throughout your lifetime. The decisions you make today will determine not only whether you are covered in regards to future health care needs, but also how you are covered. George White will take the time to discuss the many options available in the long term care insurance policies available through his agency, and help you determine exactly how much and what kind of care you or your spouse would receive should the need arise.

While most of us hope our health will always remain strong, seventy percent of people over the age of 65 will need some form of long term care, at one point or another. With so many options currently available in terms of long term care health insurance, it is simply not worth the risk of waiting until it is too late to find a policy. George White can help you find exactly the coverage you will need to maintain control of your life, now and in the future. He is happy to take the time to discuss your situation with you. If he cannot provide you with the best long term care insurance quote available for your situation, he will point you in the direction where one may be found.

Texas Auto & Home Insurance can give you all the tools and information you will need to gain the peace of mind that a solid, long term health care insurance plan can provide. Send him an email.

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