What Does Long-Term Care Insurance Cover?
Long-term care insurance can help cover the costs of:
- Nursing Home Care
- Assisted Living
- Home Health Care
- Adult Daycare
Who Needs Long-Term Care Insurance?
Anyone who wants to protect themselves and their family from the financial burden of long-term care should consider investing in this type of insurance. This includes:
- Individuals over the age of 50: The risk of needing long-term care increases with age.
- People with chronic health conditions: Individuals with pre-existing health conditions may be at a higher risk of needing long-term care.
- Those with family histories of long-term care needs: If your family members have required long-term care, you may be at a higher risk as well.
Long-Term Care Insurance: Protecting Your Financial Future
What is Long-Term Care Insurance?
This type of insurance helps cover the costs of long-term care services, such as nursing home care, assisted living, or home health care. These services are often needed by individuals who are unable to perform daily living activities due to a disability or chronic illness.
Why Do You Need It?
- High Costs: The cost of long-term care can be substantial. In Kansas, the average stay in a private nursing facility is $85,000 per year, and home health care can cost around $45,000 per year.
- Limited Coverage: Many people are surprised to learn that neither health insurance nor Medicare fully covers extended long-term care services.
- Financial Ruin: Paying for long-term care out-of-pocket can quickly deplete your savings, potentially leading to financial ruin.
Get Covered with Advanced Retirement Group
At Advanced Retirement Group in Wichita, Kansas, we can help you find the right Long-Term Care Insurance plan to meet your specific needs. We will work with you to understand your situation and recommend the best coverage options.
Contact us today to learn more and get a free quote.
What our customers have to say.
Anne Ternes
2023-08-31
I would give more stars if allowed. Randy Hoffman helped us with so many things when we needed advice on how to proceed with Medicare and supplements. We needed extra help as we were bearing down on deadlines. Randy was there for us even though he was planning a vacation out of country. He called us and made sure we knew he was available to answer our questions. In the end we were able to beat the deadline and we have Randy and his office to thank. We’ll be forever grateful. We even received a follow up message several months later and we appreciated the caring gesture. Randy helped us through a very difficult situation. My husband and I are happy with our experience.
Kristin Giffin
2023-05-31
Randy always does a fabulous job doing what's best for the client. He's always great with checking into what insurance they have and will be honest about if they should stay with their current plan or do something else. I will ALWAYS send referrals his way!
Chance Eastlick
2023-05-31
Randy is the expert in the healthcare game and will help you navigate the ins and outs of the policy that will fit you the best
James McQueen
2023-05-25
ARG makes navigating health insurance a breeze. They follow a needs based approach and recommend what is best for you.
Nicholas Engle
2023-05-23
Making health insurance planning straight-forward, kudos to Randy and Jan at ARG!
Rod Frederking
2023-05-16
I have worked with ARG providing commercial health insurance for several of the companies I have been involved with over the years. As I approached the retirement phase of life for me. I discovered the government and healthcare industries have made this very difficult and confusing. Medicare, supplemental plans, prescription drug plans, etc. The staff a Advanced Retirement were not only diligent and thorough but very clean when it came to figuring out what would be best for my wife's circumstances as well as mine. While different, they needed to work together. This is a long term commitment, since situations and circumstances change from year to year, and that's where ARG excels and helps simplify the entire process. I can't stress the importance of getting the experts involved to assure you get what you need.The most important point I want to make is their service. It doesn't mater what your questions are from understanding the "plan", billing and claim errors, changes in prescriptions and the list goes on. I always recommend ARG for any insurance needs.
Randy Baumgartner
2023-05-10
My wife and I met Randy Hoffman at Advanced Retirement Group several years ago through our financial advisors suggestion. Randy has guided us through what at times, can be a confusing maze of health insurance products. With his help, we were able to make sound health insurance decisions, and are truly grateful to him and Advanced Retirement Group. We have shared our positive experiences with several friends, and they as well are pleased with Advanced Retirement Group!
Do yourself a favor and contact Advanced Retirement Group for your health insurance needs.
Dan Morris
2023-04-24
After experiencing a repetitive and frustrating problem with my daughter's health insurance carrier, we called Randy and his team at ARG. They removed our burden of having to deal with the issue yet again and it was resolved the next day. Great service!