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Today's Working Adults Face Long Term Care 'Double Whammy,' Says Denise Gott, Spokesperson for LTC Financial Partners, LLC
Date:4/17/2008

s: $20 per hour for a home health aide; $80 to $250 per day for assisted living; $55 per day for adult day care (often used for the cognitively impaired), and $190 per day for nursing home services. These costs, which may be lower or higher depending on region, have been increasing with inflation. Working people need a plan for handling these potential costs, Gott emphasizes.

One solution to the double whammy is long term care insurance, but it's not for everyone, Gott says. "What everyone does need is long term care planning." The wealthiest Americans can self-insure, and those with limited income or assets may be best off looking to public assistance. Gott's organization, consisting of more than 400 independent long term care insurance specialists, educates individuals and organizations on the long term care planning options that are right for each particular situation.

During the interview Gott provided a great deal of education, ranging from policy selection to how to find a carrier without a history of rate increases for existing policy holders. A recording of the interview is available at http://www.ltcfp.us/ltcfp/gott-interview.html. Links to additional information are also available at that location.

This release was issued on behalf of the above organization by Send2Press(R), a unit of Neotrope(R). http://www.Send2Press.com


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SOURCE LTC Financial Partners, LLC
Copyright©2008 PR Newswire.
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