Will You be Able to Afford Long-Term Healthcare? [Infographic]
The costs and need for long-term care are rising, and it is important to protect your retirement, and your family from large costs. It is highly likely that you will require long-term care in your lifetime – 70 percent of people ages 65+ will require long-term care, and out of those who already have long-term needs, 42 percent of those are below age 65. Medicaid only covers 52 percent of long-term care facility costs; and on average 41 percent of costs are paid out of pocket. If you acquire insurance earlier rather than later, you can spare yourself of many costs and risks.
Learn more about the importance of acquiring long-term care in the infographic below, presented by AssurePlan.