Long term care

Long Term Care

As our population ages, more and more of us confront elder law-related issues, whether for ourselves or our parents.

One of the most pressing issues is long-term nursing home care, which usually is not covered by traditional health insurance. Depending on where you live and the level of care needed, nursing home care can cost from $35,000 to $150,000 a year. The average stay is slightly more than three years. Most people end up paying for nursing home care until their personal (or family) assets are depleted, then they may qualify for Medicaid to pick up the cost. 

Careful planning, however, can help protect your assets, whether for your spouse or for your children. Most people do not investigate long-term care insurance until such time as their health begins to decline. Due to advanced age or health status, a person may no longer qualify for the insurance or cannot afford the costly premiums. Long-term care insurance is not for everybody. If you or your loved one is concerned about paying for a nursing home and has sufficient assets to protect, The Law Offices of Namrita Notani can help you protect your assets and direct you to professionals that are knowledgeable about long term care insurance products. 

If you or your loved one is concerned about paying for a nursing home and has sufficient assets to protect, The Law Offices of Namrita Notani can help you protect your assets and direct you to professionals that are knowledgeable about long term care insurance products. Contact the firm today to discuss your options.