Your ultimate insurance guide


Baby Boomers And Long Term Care Part II

In my previous article, "Baby Boomers anda 75% likelihood that one partner will need
Long Term Care Part I", we discussed why babylong term care.6 5. 60% of people over age 75
boomers should consider long term carewill need long term care and need care for
insurance. With the rising cost of medicalapproximately 3 years.7 6. There's a 68%
expenses, long term care expenses and muchprobability that people age 65 and over will
longer life expectancy, most of us are goingbecome disabled in at least two activities of
to be faced with some kind of long-term caredaily living or of being cognitively
crisis. This article look at a couple ofimpaired.8 When Should I consider getting
things in a little more detail. What is longlong term care insurance? Most experts agree
term care and who needs long-term carethat, for many of us, we should start looking
insurance. What is long-term care? Long-terminto it in our mid 50"s. LTCi is like most
care is needed when a person can no longerinsurances , it takes into account your age
perform the activities of daily living. Theand current health condition. Also, there are
activities of daily living are eating,big discounts and benefits if both you and
dressing, bathing, toileting, continence andyour spouse sign up together. In my next
transferring. These "ADL's" usually arearticle, baby boomers and long-term care part
caused by chronic illness, a disability duethree, we will look at the cost of long-term
to aging or an injury. Long care insurance iscare without long-term care insurance.
also needed in the case of severe cognitiveSource: 1. Americans for Long-Term Care
impairment. This includes Alzheimer's,Security, August 2000. 2. The Wall Street
dementia and other brain disorders. Who needsJournal, June 2000. 3. Business Week 4.
long-term care? Anybody could need long-termAARP. Beyond 50: A Report to the Nation on
care at any point in their lives.Independent  Living  and  Disability,  2003.
Approximately 40% of people receiving
long-term care are between the ages of 18 andTerry Stanfield is a SEM consultant with over
64. 1. More than half of the US population15 years of sales and marketing experience.
will require long term care at some point inHis company, Clickadvantage, manages PPC and
their lives.5 2. More than half of the USSEO efforts for his lead generation and
population will require long term care atecommerce clients. For more information go to
some point in their lives.5 3. One out oftoday. Terry has written several aticles
five Americans over the age of 50 is at riskabout long term care insurance and "Baby
of needing long term care in the next 12Boomers". For more informationvisit:Baby
months.5 4. For couples 65 and over, there isBoomers and Long Term Care.



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