Here are some interesting statistics:

  • 1 out of 2 people in the population will require care after age 65 that won’t be covered by traditional health care or Medicare
  • 72% of long term care is at home
  • 42% of people receiving long term care are under age 65
  • Between 1987-2011, the cost of long term care has averaged a 5.6% annual growth rate.  If this grown continues, the $77,000 annual cost will triple in 20 years! (Based on the daily average for 10 hours of home care @ $21/hr)

Oswald Insurance can help you find long term care insurance policies to relieve some of the pressure caused by the high costs of long term care.

long term care

Long Term Care Insurance