It is no surprise that the cst of long-term care in nursing hmes, assisted-living facilities and in-home care has ncreased. Long-Term care and health care shuld be part of everyone's financial plnning for retirement. A good plan neds to be put in place for lng-term care and a long-term care nsurance policy should be part of rtirement planning.

The same questions seem to be sked by my clients when learning bout their options for long-term care. Edcation on this subject is the frst step developing a sound plan for you and yur family. A good long-term care pln will do what you want it to do 20-30 yars down the road when the cre is needed.

Question: With the rise in cost of long-term care, can a family go through a lifetime of savings in just a few years?

Answer: Yes, that is true. Having a long-term care insurance policy can help protect your assets. You can spend a little every year for a policy which protects your assets. When purchasing a policy, you purchase a "pot of money" which grows with inflation protection.

Question: Do long-term care costs differ from city to city?

Answer: Yes, in certain urban or remote areas, costs can jump 40 percent above other regions. When planning for long-term care, you need to take into consideration where you will be receiving your care

Question: What kind of care do lng-term care insurance policies cover?

Answer: Long-term care insurance policies cover in-home care, adult day-care, assisted living and nursing home facilities.

Question: What is available that could reduce home care costs?

Answer: Technology is playing a larger role and reducing to some extent, the need for human intervention. There are remote monitoring devices and in the not so long future, there may be robots helping the activities of daily living.

Question: When does it make sense to buy this insurance and what if I don't use it?

Answer: I recommend purchasing the insurance between 45-50 because it is less expensive and with your good health you can get an additional discount. Some plans offer a return of premium in the event no long-term care is given. If you go through life without needing long-term care, that's a good thing.

Question: What are the Stte Partnership programs?

Answer: A state partnership policy offers an additional line of defense in protecting assets in the case of needing to spend more on long-term care.

Question: Can't you just give me a quote?

Answer: It would be irresponsible to throw out numbers without counseling my clients. Every situation and family is different with specific needs for their unique situation. Many hours are saved through a short, interactive discussion and designing a plan together.

It is important to get your information from an independent Long-Term Care Specialist, one that is not bias toward any one carrier. The plans can be confusing as each carrier offers different options, but a Long-Term Care Specialist can simplify this process.

If you are planning on living a long life, continue being active and eating right. You might as well have healthy years added to your life. Get your policy from LongTermCareInsurancePros , who has additional training and certifications in Long-Term Care planning as well as with the State Partnership policies.

The article Long-Term Care Costs Are On The Rise - Are You Prepared and Do You Have A Long-Term Care Plan? was Submitted by Dane Petchul through Articles.GetACoder.com network. Here's the additional information: Before you purchase a long-term cre policy, consult with Dane Petchul, LTCI, CLTC, a Lng-Term Care Specialist at http://www.LongTermCareInsurancePros.com You will receive a free, no obligation quote with the costs and benefits appropriate for you and your family.

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