Long-Term Care

Brian H. Merriam, CPCU, ARM, AAI, President

376 Broadway
Schenectady, New York 12305

Toll-Free:
(877) MERRIAM x 201
(877) 637-7426 x 201

Send Email
Brian H. Merriam, CPCU, ARM, AAI, President

Latest posts by Brian H. Merriam, CPCU, ARM, AAI, President (see all)

Lisa Rice

Health Benefits Account Executive at Merriam Insurance Agency
376 Broadway
Schenectady, New York 12305

Toll-Free:
(877) MERRIAM x 213
(877) 637-7426 x 213

Send Email
Lisa Rice

Latest posts by Lisa Rice (see all)

Long-term care insurance, Merriam Insurance

What is Long-Term Care?

According to a comprehensive report published in 2016, the national median cost for either a home health aide or for homemaker services is $20/hour. The national median for assisted living facilities is $43,536/year, with a private nursing home room costing $92,345.

So, how does this affect you?

Long-Term Care (LTC) is extended care, whether it be in your home or at an assisted living facility.

Planning is the most important part. In order to protect your loved ones, your assets and your retirement, early and proper planning completes the long term financial wellness picture.

LTC Insurance is one way to protect yourself.

How Much Does LTC Cost?

You may have heard how expensive LTC policies can be. The truth is, there are plan designs to fit every budget.

You’ll never be younger or likely healthier than you are today, which makes now the best time to plan.

Contact a Merriam Insurance expert today to learn more, including exact up-to-date costs in your area. The longer you wait, the higher the premium.