There is no question that most Americans are living longer, and that means our later years can create financial concerns for our families and ourselves. Healthcare services for seniors can be expensive. For example:
- Assisted living $42,600
- Nursing home $90,000
- Home Health Aid $20,800
The hardship of the unpaid caregiver
For those who provide unpaid caregiver services, there is a cost as well. These costs can include lost time from work, used vacation time, early retirement, relocation, and reduced work hours.
There is a reasonable solution
Long-Term care insurance can provide your family with the resources that will allow your loved ones to obtain the best care possible, while not causing financial hardship on the family.
- Home care services allow you to live in your own home, or to return to your home by helping you complete daily tasks that you cannot manage alone.
- Adult day care is an option that provides a program of therapeutic and social services in a group setting.
- Facility care services include assisted living facilities, which offer on-site support for carrying out the activities of daily living.
Let’s face it, medical treatments aren’t cheap. Without health insurance coverage you could end up paying off medical bills for the rest of your life. Columbia River Insurance Services can help you find an affordable healthcare plan that’s right for you. Contact one of our friendly agents today to learn more.