Medicare/Long-term Care

1. Do you know what your Medicare benefits are, when you retire?

2. Do you need a Medigap plan, of Plans A, B, C, D, E, F, G, etc?

3. In CA, approximately 21% or 1 out of 5 seniors have a Medigap policy. 42% of those enrolled in traditional Medicare have Medigap coverage.

4. Do you need Long-term care, and what options are there to pay for that?

5. Did you know that 70% of adults age 65 or older will need some form of Long-term care?

6. Did you know that in CA, the average cost of LTC is $11,478/month?

7. Did you know that the average stay at a LTC facility is 3.2 years? So if you are "average," the total cost of LTC is $436,164. How will you pay for that?

8. Only 25-30% of seniors are able to pay for their long-term care out of pocket, and 60-70% of seniors receiving LTC rely on unpaid help, including family & friends.

9. Medicaid is the largest payer for long-term care, and it covers more than 1/2 or 50-60% of all LTC in the US today.