True.
Long-term care services may be a financial burden. The national average cost of a semi-private room in a nursing home is $76,662 a year. Assisted living facilities are more affordable, but may still cost nearly $38,000 per year. Home health care services may also be costly, with the average cost of a home health aide running at $173 per day (based on eight hours per day).*
These costs may have a significant impact on your retirement savings. A long-term care insurance policy may help protect your assets and your financial goals from the costs of long-term care services.Talk with a licensed insurance agent today to learn more about how long-term care insurance from Mutual of Omaha Insurance Company may help you protect your finances.
*Source: Mutual of Omaha's Long-Term Care Cost of Care Survey conducted by Univita, 2010. (Source available upon request)
