LTC HOME
CONSIDERATIONS
FUNDING THE COVERAGE
WHAT IS LTC?
WHO NEEDS LTC?
MEDICADE/MEDICARE?

LTC SUMMARY

LIMITATIONS AND EXCLUSIONS

UNDERSTANDING LTC
AVAILABLE SERVICES

PAYING FOR SERVICES

TYPES OF FACILITIES
UNDERSTANDING SOCIAL SECURITY
COMPARE POLICIES WORK SHEET
QUOTE QUESTIONNAIRE

LONG-TERM CARE INSURANCE
CONSIDERATIONS

If the daily tab for all private rooms in a nursing home now averages $192.00, up 6.1% from a year ago, that means a Nursing Home stay of 2.4 years the average length of care, according to government estimates currently would be about $168,000.

46 Years Experience
U.S. Licensed Agent/Broker

If your are thinking about buying long-term care insurance, there are some tax-breaks available.  If you and your spouse now own, or are thinking of starting your own small business, as many are considering in their 50s and 60s, the BUSINESS can purchase your long-term care insurance for either or both of you and deduct the premiums, up to a dollar amount set up by the Internal Revenue Service.  Effective 1/1/2005 the limit your business can deduct is $1,020 per policy if you are between the age of 51 thru 60; $2,720 if you are 61 to 70, or $3,400 a year if you are 71 or older.

This is almost like an additional retirement plan.

                                               F. Darrell Lindsey
                                              
Financial Planner
                                               U.S. Licensed Agent/Broker 
                                         

 Note:  See Long-Term Care Insurance as an option.