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Long-term care (LTC) is the term used to describe a variety of services in the area
of health, personal care, and social needs of a person who is chronically disabled, ill,
or infirm. Depending on the needs of the individual, long-term care may include services
such as nursing home care, assisted living, home health care, or adult day care.
Who Needs Long-Term Care
The need for long-term care is generally defined by an individual's inability to perform
the normal activities of daily living such as bathing, dressing, eating, continence, and
moving around. Conditions such as AIDS, spinal cord or head injuries, stroke, mental illness,
Alzheimer's disease, or other forms of dementia , or physical weakness can all result in the
need for long-term care.
Cost of Long-Term Care
Long-term care is typically expensive.
Below are average national cost data designed to give you
a rough guide for comparison. This data, from a November 2001
research paper entitled "Choosing Long-Term Care", was compiled
by the Center for Medicare & Medicaid Services and the Agency
for Healthcare Research & Quality.
- Adult Day Care: $45/day (8 hours)
- Meals-on Wheels: $52/week (10 meals)
- Unskilled Home Care: $8-$16 per hour, rate for skilled home care is higher
- Assisted Living Facility: Ranges from $900 - $3,000 per month
- Nursing Home: $160 per day ($58,400 per year)
How We Can Help
The costs of long-term care can devour
a lifetime of personal savings and investment returns very
quickly. Thus, how can you afford long-term care should a
future need arise? The Glatfelter Agency can help you find
and select a long-term care policy with the appropriate benefits,
so your family's assets are protected.
For more information on how The Glatfelter
Agency can help, please contact us by calling 800-632-1884
or if you prefer, submit a request on-line
for more information.
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