Protect your Nest Egg

What if you could protect yourself from possibly the greatest financial risk you will face in your retirement years?  Avoid depleting your savings, losing your home, and then receiving potentially substandard care from a Medicaid nursing home.  Relax, you've got a plan.  Long-term care insurance allows you to maintain your independence and dignity by receiving home health care in your own home where you are most comfortable.  

“DSG understands our specific needs. They have well-established provider relationships, they’re proactive and responsive, and they continue to exhibit an educator’s philosophy with easy to understand, comprehensive analysis and reports”

Don Girard
National Banner Company, Inc.

Long-Term Care Insurance

A long-term care insurance policy will protect your quality of life and reduce the stress levels for your family.  With Long Term Care Insurance, most, if not all, costs can be covered, depending on the policy.  Imagine how relaxed you would feel knowing that you planned ahead and are protected.  Whether purchased for yourself, your spouse or for an aging parent, long-term care insurance will help protect the assets you have accumulated over a lifetime from the ravages of long-term care costs.

The Realities of Long Term Care Insurance

  • The average United States citizen is living longer because of advancement in medicine.  This means a higher likelihood of needing Long Term Care at some point before a person dies.
  • New England Journal of Medicine recently reported that about 49% of people 65 and older will eventually need Long Term Care.
  • The Wall Street Journal has stated that nearly 50% of seniors 85 and older have Alzheimer’s or some other form of dementia, the number one reason for needing Long Term Care.  It also reports that even children are buying long term care insurance for their parents.
  • Harvard Magazine says that as men are living an average of 80.9 years and women are living an average of 84.5 years, modern medicine is creating a much higher chance that a person will need Long Term.
  • In addition to Alzheimer's and dementia, other degenerative diseases such as obesity, diabetes, stroke, heart problems, cancer, and Parkinson's disease may also create the need for Long Term Care services.

Did you know?

  • At age 65, people face at least a 40% risk of entering a nursing home at some point in their lifetime and about 10% will have a stay of five years or longer.
  • Because women generally outlive men by several years, they face a 50% greater likelihood than men of entering a nursing home after age 65.
  • The average daily rate in 2009 for a private room in a nursing home was $219, an increase of 3.3% from 2008.
  • The average length of a nursing home stay is about 2.9 years.
  • At an average daily rate of $219, an average nursing home stay of 2.9 years currently costs about $237,153 per person or $474,306 for a married couple, making it virtually unaffordable for many Americans.
  • Medicare does not pay for long-term care services, as explained in the Social Security Statement mailed to workers each year: “About Social Security and Medicare...Social Security pays retirement, disability, family and survivors benefits. Medicare, a separate program run by the Centers for Medicare & Medicaid Services, helps pay for inpatient hospital care, nursing care, doctors’ fees, drugs, and other medical services and supplies to people age 65 and older, as well as to people who have been receiving Social Security disability benefits for two years or more.  Medicare does not pay for long-term care, so you may want to consider options for private insurance (emphasis added).”

Service Provided by Long Term Care Insurance:

Long Term Care is a service provided in the form of home health care, assisted living facilities, community care, and as a last resort, nursing homes.  Long Term Care is not just skilled care, which most people associate with nursing homes.  Instead, it's more likely you will receive Custodial Care in your home, with an aid coming to help with everyday things like cooking and cleaning, and helping with your Activities of Daily Living (ADL’s) which are eating, bathing, dressing, transferring, toileting, and continence.  

To receive a complimentary market analysis with quotes and comparisons, please complete this simple, secure form below. DSG Benefits Group will shop the market and provide you with exact quotes.  You no longer need to move from company to company in search of the best product to fit your needs because we work with all of the major Long Term Care Insurance carriers.


If you have questions or would like one of the professionals at DSG Benefits Group to assist you finding the most appropriate long-term care insurance coverage, contact DSG Benefits Group today. 

Did you know you're under no obligation to your current benefits plan or broker?
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