- Special Sections
- Public Notices
If you’re like most people, your plans for retirement include spending more time with your family, traveling, or catching up on hobbies and activities that have been put on hold during your working years. And, like most people, you’ve probably put money aside to fund your retirement. But what if your retirement suddenly includes an unexpected long-term care need?
According to the U.S. Department of Health and Human Services in their 2011 Medicare & You booklet, about 70 percent of people over age 65 will require long-term care services at some point. And, with advances in medical technology and healthier lifestyles, people are living longer than ever before.
The government has made it clear; it cannot afford to fund the nation’s long-term care costs. In fact, Congress tightened the financial requirements to qualify for Medicaid, the federally and state-funded program for those who live at or below the poverty level. And, recently rolled out a nationwide long-term care awareness program called “Own Your Future” which encourages people to better understand and plan for long-term care.
All of this can certainly present a significant challenge, but there is something you can do. Plan now.
Click the question mark below to see where your account ID appears on your mailing label.