Long Term Care Options

Ken Parson, owner of Triangle Health Solutions, spoke to the club about long term care financing issues and options. Ken is a member of the Chapel Hill Rotary Club. 50% of Americans above age 40 believe almost everyone will need long-term care but just 25% believe they will need it themselves. Costs In NC? 2016 Nursing Home: Semi-private $79,927; Projected 2041 Nursing Home: Semi-private $167,349; 2016 Home Health: $26,351; Projected 2041 Home Health: $55,173. What are the Long Term Care options? Medicare, Medicaid, Long Term Care Ins., Home Health Care Ins., Life Ins. w/ LTC, Annuity w/ LTC and Self
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