Long-Term Care Insurance in Green Bay, WI
Many long-term care policies have an elimination period
Leaving a family home can be very stressful for a senior. At home, seniors feel comfortable and secure. If they need assistance, moving to a nursing home isn’t always the best solution for them. Our home care services in Green Bay, WI will give you peace of mind and provide your loved one with the best home care possible. Our care providers can prevent falls by making simple corrections in your loved one’s home. Our caregivers offer bathing and toileting assistance while preserving your loved one’s dignity. They can make sure your senior gets the nutrition they need to stay healthy. Home care providers could ensure the right medications are being taken at the right times to control your loved one’s health conditions. Caregivers can go with your loved one grocery shopping, or accompany them to medical appointments and other activities. If you are wondering about financing home care services, Comfort Keepers offer several solutions. One of them is long term care insurance.
This insurance can preserve your loved one’s life savings. Your parent should be aware that as they get older, premiums increase. According to The Wall Street Journal, a 55-year-old single adult can expect to pay $2,065 a year for $162,000 in benefits with 3-percent compound inflation protection. If your loved one has large and stable income, they should be fine. If they are not retired yet, they should make sure they can pay the premium after they retire, before purchasing long term care insurance. Some policies cover only some types of long-term care, while others cover a wide range of services. Many long-term care policies have an elimination period. During that time your loved one will have to pay for their own care. The longer this period, the lower the premium.
For all the information about financing home care services, contact Comfort Keepers of Green Bay, WI at (920) 204-6068.