This content is sponsored by MOAA Insurance Plans, administered by Association Member Benefits Advisors (AMBA). 

If you’ve planned for your family’s sound financial future without thinking about Long-Term Care, you might want to think again.

Medicare, TRICARE, and other health insurance plans don’t pay for “custodial” care (help with dressing, bathing, eating, etc.), which is the type of long term care most people need.

The truth is that more than half of us will find ourselves in need of it at some point¹ ... 

• At 65 or older, 70% of us will need some type of ongoing long-term care services during our lifetime²
• 13% of us will need long-term care for more than 5 years¹

So who pays for long-term care?

If your planning does not include long-term care insurance, it may well end up being you. According to a recent study, the national average cost for a nursing home stay exceeds $80,000 per year².

That could mean selling off assets, using up money you intended to leave your children, or even draining a lifetime of personal savings.

The bottom line -- while quality long-term care isn’t cheap, sooner or later it will likely be a necessity for most of us. 

That’s why your MOAA Membership includes access to first-rate protection through the MOAA-endorsed Long Term Care Insurance Program, LTCRplus. 

More than just insurance coverage, LTCRplus also gives you many of the long-term care services you may need most -- help with funding options, finding quality care, navigating claims, evaluating your needs, even creating Medical Directives, Wills and more. Best of all, as a member of MOAA, you, your spouse, parents, and parents-in-law have access to this program. To learn more, simply call 1-800-698-7943 or visit moaainsurance.com.

¹Morningstar - https://www.morningstar.com/articles/957487/must-know-statistics-about-long-term-care-2019-edition

²LongTermCare.gov – Viewed 9/27/21

Program Offered by Association Member Benefits Advisors (AMBA)
AR Insurance License #100102691 • CA Insurance License #0G39709
In CA d/b/a Association Member Benefits Advisors (AMBA)