Join Stewart Scothorn, Founder & CEO of The Long Term Care Link, as he addresses the growing importance of planning for long-term care costs in 2025. With healthcare costs skyrocketing and Baby Boomers entering their 80s, proactive planning is more crucial than ever.
? Learn Why Long-Term Care Insurance Is Essential:
- The Reality – 70% of people over 60 will need long-term care.
- Rising Costs – $10,000–$20,000 per month for skilled care, often longer than Medicare covers.
- Modern Solutions – Hybrid policies like life insurance or annuities with LTC riders are now popular, accessible options.
? Key Takeaways:
- Self-funding often fails.
- Traditional LTC insurance is scarce and challenging to obtain.
- Hybrid policies offer security and flexibility.