Long Term Care Insurance

When it comes to long term care insurance in Texas, you have options.

What is long-term care?

Long term care is the level of support needed if you are unable to carry about the basic activities of daily living (ADL). These are things we do on an everyday basis such as eating, drinking, transferring, toileting, dressing, or bathing. The goal of long term care is to provide you the essential assistance necessary to help you maintain your quality of life. Aging, chronic illness, cognitive impairment, and catastrophic injury are just some of the reasons long term care may be necessary.

Most health insurance plans, including Medicare and Medicare supplements, do not pay for long term care. Long term care also can deplete the life savings that you worked so hard to build. Assisted care, including custodial care, can cost thousands of dollars a month. A long term care insurance policy secured through The Vlasak Group can help cover these expenses, giving you more control over your long-term care and a layer of protection to your life’s savings.

Even though many will associate long-term care needs with the elderly—after all, nearly 70% of people over the age of 65 need some form of long term care—this is not always the case. Regardless, a long-term care insurance policy can help you mitigate the immense expense of care if it becomes a necessity.

Why would I need long term care insurance?

Some of the reasons that you may need long term care include:

Aging. As we age, we experience a natural reduction in physical mobility, vision, and hearing.
Illness. Chronic illnesses can reduce our ability to carry out simple tasks.
Accidents and injuries. Catastrophic injuries from an accident may result in long-term or permanent physical and/or cognitive impairment.
Stroke. A stroke, or a cerebrovascular accident (CVA), can cause serious physical impairment due to damage to the brain, significantly limiting your motor skills and cognition.
Alzheimer’s, Parkinson’s, and other neurodegenerative diseases. Neurodegenerative diseases lead to the irreversible decline of motor skills and cognition.

What are my long term care insurance options?

The Vlasak Group, a Texas-based insurance agency, can help you secure a long-term care insurance policy that can either cover facility-based care (i.e., nursing home, senior living, or assisted living) or comprehensive care, which includes covering care received in facilities or at your home or an adult day care center. The Vlasak Group works with numerous long term insurance providers, and can provide Texas insurance applicants like yourself, numerous policy features and benefits that will fit your unique long-term care needs.

Long term care insurance can offer peace of mind

Texans benefit from long term care insurance in many ways, including:

Tax qualified plans that may allow policyholders to deduct premiums as a medical expense or receive tax-free benefits.
A level of financial independence and security
Flexibility and the power of choice when it comes to your care
Coverages for expenses that are incurred when the unexpected happens
Flexibility on days of care, including non-consecutive days

How do I determine if I am eligible for long term care insurance? How do I apply?

The first step in determining your eligibility for long term care insurance is to contact The Vlasak Group. We will discuss your needs, determine appropriateness of coverage, and if so, complete an application. One of our partners who underwrite our long term care insurance policies will review your medical history to determine eligibility. Your long term care insurance premium will be determined by multiple factors, including your age, your gender, and the amount of insurance requested.

It is never too early to consider long term care insurance. Contact the Vlasak Group today, or click here to use our Quoting Tool.