Insure the Risk of Alzheimer's and Dementia

According to SmartBrainAging.com, the diagnosis of Alzheimer’s or dementia has grown rapidly over the past 15 years. Deaths from Alzheimer’s have increased by 145% and every 65 seconds someone in the United States develops the disease.

Medicare does not cover long-term care, which is typically one of the largest

expenses for Alzheimer’s or dementia. If you qualify, Medicaid does cover long-term care like extended stays in hospitals or skilled nursing facilities. However, individual states run their own Medicaid programs, so you’ll want to contact your state’s Medicaid agency to find specific coverage information.

If you have clients that are saving for retirement, the odds are pretty good that they won't qualify for Medicaid, and since Medicare doesn't cover long-term care, what can you do to help them prepare for the high cost of care? 

Insure the Risk:  Today, there are many options to choose from that will help insure the risk and keep your clients' retirement savings intact. From traditional LTC and critical illness policies to hybrids that cover the cost if the need arises and pays out a death benefit to designated beneficiaries if doesn't. 

We can assist you in finding the right insurance solution for your clients. Give us a call at 888-774-4687 or check out our website at www.mvp4me.com. 

Source: http://www.smartbrainaging.com/