Private Long Term Care Insurance: To Buy or Not to Buy?

Many people are concerned about the high cost of long-term care. According to the MetLife Mature Market Institute, the national average cost of a nursing home stay is $153/day for a private room. Medicare, Medigap and regular health insurance don’t’ cover long-term care. The Health Care Financing Administration expects that nearly one-third of al nursing home costs will be paid for by patients and/or their families out of their own funds in 2001. One option for covering long-term care costs is private long-term care insurance available from numerous insurance companies.

The United Seniors Health Cooperative (USHC) a non-profit organization based in Washington, D.C. has issued a new report, “Private Long Term Care Insurance: To Buy or Not to Buy?”. This report raises important questions for the consumer to answer if they are considering long-term care insurance and offers help in selecting an appropriate policy.

The United Seniors Health Cooperative (USHC) does not sell or endorse any insurance products and has been publishing unbiased consumer information since 1986.

This report sells for $3.50 a copy, but viewers can receive a free copy by sending a self-addressed, stamped business size envelope to: USHC, Free Report, 409 Third Street, SW #200, Washington, D.C. 20024.

For more information about USHC go to www.unitedseniorshealth.org.