Five Common Misconceptions about Long Term Care Insurance

Share Article

With all the misconceptions out about long term care insurance, Robert Cardona, of his LTC Insurance Solutions Inc., would like to share the five most common.

long term care

In 2011, the average cost of a semi-private room in a nursing home is $86,040 annually. With an average stay of 2.4 years, that's more than $206,496 per average stay.

The time to research LTCi is before physical and mental conditions prevent being able to bathe, eat, or dress independently. When these complications arise due to disability or chronic illness, one may need long term care insurance. With all the misconceptions of it though, what's a person to believe? Robert Cardona, an insurance agent, would like to share the five most common.

  • "My health insurance covers the costs."

Normally, health insurance plans and programs only cover costs related to illness or injury, hospital and doctor visits, and prescriptions. Even the most comprehensive plans don't pay for assistance with daily activities, such as bathing, eating, and dressing. The only private coverage available that guarantees coverage is a long term care insurance policy.

  • "Disability insurance and long term care are the same."

While disability insurance only compensates income when someone gets hurt or ill, LTC insurance covers home care, assisted living, or nursing home expenses.

  • "Only nursing homes/facilities are covered."

Long term care insurance gives recipients the choice of where they would like their care provided. They can choose from adult day care centers, assisted living facilities, hospice care, nursing facilities, home healthcare agencies, and in the home. 70% of recipients still live at home with friends and family.

  • "I'm too young."

Even though it's usually associated with aging, 40% of people receiving long term care are working adults under the age of 64. Since accidents, chronic illnesses and disabilities can occur at any age, the need for ltc can happen at any time.

  • "My family will take care of me when I'm older."

Current trends show that children are now more likely to move away from their parents' homes. Many older children are also now working longer hours and taking less vacation time. Without the proper assistance, caring for a family member is time-consuming, physically and mentally draining, and extremely pricey. Caregiving has been linked to the descent of the caregiver's health and negatively affects their family life.

About Robert Cardona Long Term Care Insurance Solutions Inc. -
Robert Cardona LTC Insurance Solutions Inc. was founded by Robert Cardona, a healthcare provider for over 20 years, and is a privately-owned and family-ran insurance agency. Based out of and licensed in the state of California, they strive to promote self esteem through physical and emotional well-being and specializes in helping others plan for in-home long term care. This is done by offering products like the California Partership LTC, accident, health, and life-only insurance policies. In-home visits and appointments are made to most of San Bernardino, Riverside, Orange, San Diego, and Los Angeles counties. For more information regarding long term care insurance policies, please visit

Share article on social media or email:

View article via:

Pdf Print