Family Caregivers in Arizona Need Long Term Care Insurance
Have you heard of a daughter in Arizona who provides care for both her parents who are suffering from infirmity, a father or mother-in-law who’s critically ill, and who has the entire household to run by herself? And while doing all these things no one bothers to ask if she has an Arizona long term care insurance (LTCI)policy.
It’s common to hear stories of an adult child in Arizona spending 12 hours or more daily caring for her sick mother or father who needs assistance with his activities of daily living (ADL) which are eating, bathing, dressing, and transferring among others. However, taking care of a family that consists of four members who are aged and disease stricken is a different story.
At 25, 30 or 40 years old, a young woman or man should be busy building his own life and dreams by taking on a job which he specializes in. Aside from working five or six days a week, he should be saving up and investing some of his hard earned money into a financial plan for his future needs specifically long term care.
Long term care (LTC) should not be taken lightly. In fact, it should top everyone’s list of priorities because anybody can require it regardless of age. It is almost always associated with elderly folks since the population receiving this service is comprised of mostly senior citizens but the truth is that anyone from infancy to past the retirement age can require it. But only those who are financially equipped can afford to acquire it.
Arizona Long Term Care Insurance For All LTC Settings
About 40% of people receiving LTC are between the ages of 18 and 64 according to the Department of Health and Human Services. This simply means that one does not have to be 65 or 85 to require it.
Multiple sclerosis, early-onset Alzheimer’s, accidents that damage one’s spinal column or cause serious head injuries, and infants who were prematurely born are reasons that LTC come too soon for some people.
If someone you love would figure in an event that would eventually make LTC necessary, do you think he or she can afford the cost of the care in Arizona? It happens to be one of the expensive states to receive care so self-insuring is not a choice that any Arizonian family should consider in this time and age.
Nursing home rooms cost $213 daily on average. Those in assisted living facilities spend more than $3,000 a month while in-home care recipients should have at least $184 a day to afford eight hours of assistance from a home health aide.
Long term care in Arizona is no doubt a big threat to people’s finances and nobody is going to be spared from it. An Arizona long term care insurance policy is the key ingredient in planning your LTC needs as it has an array of benefits which go beyond what other platforms have to offer.
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