Long Term Care Insurance

 

 

 

What Does Long-Term Care Cost?

The cost of receiving long-term care depends on the level of care you need, where you receive it, and for how long.

At Home

If you receive care at home, you could easily pay a professional up to $50.00 per hour or more.

In A Nursing Home

Depending on the facility and its location, a nursing home could cost as much as $6,000/month or more. Remember, costs will probably keep going up.

Tip: Call a sampling of nursing homes in your area to get an idea of the local cost of care.

Who Will Pay My Long-Term Care Bills?

·    You and your family

·    Government Health Insurance

·    LTC insurance

·    Or possibly all of the above!

Will Provincial Health Care Pay For My Long-Term Care Costs?


 

                                                               

                         

 

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 Questions?

 

What are the Nursing Home costs and requirements by Province?

 

 

Is Long Term Care Insurance Taxable?

 

Storing Your Documents

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