Long Term Care The need for long-term care can arise for anyone--from the very young to the elderly. While the majority of those requiring long-term care are certainly older people, numerous cases also arise from severe unexpected illnesses, automobile accidents, or mishaps of various kinds. As a national average, one year in a nursing home is estimated at $40,000. In the north suburban Illinois area, costs for a semi-private room can exceed $77,000 per year, with a private room costing over $100,000! For a complete list of long-term care plan rates, e-mail us at Mike@Deerpathinsurance.com Typical Policy Features of a Long Term Care Plan: Nursing Facility, Home Health Care or Both Benefit Periods 2, 3, 4, 5, 6, or Unlimited number of years Daily Benefits: $50 to $500 per day Elimination Periods 0, 7, 15, 30, 60, 90, 100, or 180 Days Benefit Increase Options: Consumer Price Index, Simple, Compound Waiver of Premium during a claim situation Worldwide Coverage Payment Options: Single Premium; 10 Year; to age 65; all policy years Preferred & Spousal Discount Plans available Broad coverages and quality companies are the key considerations when purchasing a Long Term Care Plan. Let the experts at Deerpath Insurance Agency design a program to fit your budget and needs—now, and for the future.