More and more people today are worried about the costs of long-term health care. They are worried if something happens to them they may run out of money and burn thru their reserves. The average nursing home stay is 2.5 years of care and the average cost is over $130.00 per day. That is the average yet in many areas with nursing shortages and higher income demographics the rates are more significant. It is estimated that more than 10% of us who reach age 65 will nursing home care for more than 5-years.

In-home health care is the best option for people who have a higher level of fitness, and want to remain as independent as possible throughout their later years. In this situation, home health care nurses may come and visit you daily, or every couple of days, to take care of your everyday medical needs. Also, a housekeeper may be utilized, as well as a personal health care attendant, who would be responsible for more of the day-to-day living help – such as a companion, driver, cook or the like. In-home health care is quite easy to locate; just contact a nurses’ association or look in the Yellow Pages.

The different types of home health care insurance depend on each policy's extent of coverage when paying for home health care services. Private insurance usually only pays for part of the home health care costs which include personal and hospice care. Managed care insurance plans may offer some help with home health care costs if the home health care provider is Medicare-certified, these plans also require hefty premiums.

The kind of coverage available with an insurance plan always depends on the insurance company from which you purchase the plan. Many supplemental health care insurance plans offer cash benefits and compensation for lost income. Some supplemental health care insurance plans even cover pre-existing conditions; pre-existing conditions are prevalent among seniors.

Long term health care can be expensive. Without discount long term health care insurance most families cannot afford the care with only their own resources.

The good new is, there are 42 companies in Oregon that provide long term health care insurance. The bad news is, for many people the cost of such insurance is a severe financial strain. What are some things you can do to lessen the cost of the monthly premiums on a long term health care insurance policy.

Long term care insurance typically covers services such as nursing home care, assisted living, and adult day care. Long term care is designed to protect against an unaffordable catastrophic event or illness. Long term care can be expensive and may go as high as $200 a day in some areas. Always find out what the costs are in your area before deciding on a policy.

Long term care can also be considered as asset protection. If you can afford to purchase long term care protection, and your health has not been affected by an unfortunate event, it can be wise to purchase a policy. Many people don't think about long term care insurance until it's to late. You may want to check into your options now!

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