Why Has Long Term Care Become An Important Consideration?

Longer Life Expectancies, due to major medical advances, coupled with other significant national issues, such as:

• Unprecedented Senior Population Growth, nationally, the fastest growing segment of the population is 65 and older, the Baby Boomers are advancing in age and there are 76 million Baby Boomers in America alone.
• Fewer Available Caregivers, everyone in the family works and families are increasingly farther away from close relatives.
• Rising Professional Healthcare Costs, in 2001, overall healthcare costs increased 10.3 percent, and prescription costs increased 14.6 percent.⁵
• Weak Social Financing Structure, Medicaid and Medicare are unprepared and overburden, both with questionable futures.

. . . have made Long Term Care an important consideration when planning for you and your family's livelihood.

• What about your parents and grandparents?
• What if they needed assistance daily for any reason and could not live independently?
• How would they cope financially?

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