Most people plan for upcoming events in their lives. However, they often ignore a high probability event - "What if I can't do all my personal activities"!

Mark Twain once stated. "Plan for the future because that's where you are going to spend the rest of your life". His advice is quite sage & emphasizes taking time to plan is very important!

OK? Why don't most people plan for this?

  • Human nature says I won't need help - "I'm invulnerable" so it is difficult think about not being able to do things.
  • People think - Oh I can worry about it later. But " when later comes" they will be older, the cost to buy will be higher, and they may not qualify!
  • People (66%) incorrectly believe MediCare pays for on going assistance. But it does not as this quote from the web site tells us: [I added the red]


    "Medicare Part A (Hospital Insurance) helps cover inpatient care in hospitals, including critical access hospitals, and skilled nursing facilities (not custodial or long-term care). It also helps cover hospice care and some home health care." 

What can happen to an individual who believes their health will not change?

  • If it does they may not qualify for this important financial protection!

Buying can be your Life Ring!


  • The impact on family members who have to stop what they now do and provide assistance will be financial, emotional, and physical!

  • Their savings nest egg could quickly be used up because of CT's high cost long term services and supports. Some of the highest in the U.S.

The 3 in 4 Need More association has an informative booklet highlighting the choices you have when thinking about not being able to do all your personal activities.   Download it here:

If I pay for a plan over a long time I may never get my money's worth?

  • Buying "insurance to protect your income and savings" is not the same as investing funds with the hope of getting your money plus more back. Instead with insurance you receive a guarantee the amount of funds you selected will be there to pay for assistance.
  • All the money paid can come back quickly! Lets say a 55 year old buys a certain plan with a four year benefit and then needs help at age 80. What they paid over this 25 year period could come back if benefits are needed in just 7 1/2 months! (227 days)

Ken Dychtwald, a leading authority on our aging population, stated making plans for needing assistance was important and indicated Long Term Care insurance made sense to him because:

  • Independence can be maintained and he did not want to burden children financially or emotionally.
  • You can get quality care in the setting you choose.
  • You stay in control of your money, retirement assets, and your life.
  • Your spouse's lifestyle and financial security can be protected, while you're alive and afterwards.
  • An inheritance for your children and grandchildren can be protected.


Buying today what is best considered "Long Term Health Insurance" means you gain:

  • A lower cost: Plan cost is based on your age and health situation the day you apply and the amount of benefits you select. Buying early is important since costs are 33% higher if you wait to buy at 55 vs 50 and 60% higher at 60 vs 55!
  • More benefits: Waiting to age 55 vs 45 means you would have to buy an initial benefit pool of over $400,000 to achieve the same protection as someone who bought a $250,000 pool when they were 45. How? The 45 year old's plan increased each year with the 5% compound inflation option. Waiting to 55 to buy means the cost will be higher since they are 10 years older. In other words a dollar buys more benefits the younger you are.
  • A good health discount: A professional association* I'm a member of found just 53.9% of people between 40 and 49 qualify for a good health discount. Between 50 to 59 just 44.2% qualified - 60 to 69 it's 31.9% - 70 to 79 it's only 18.8%.              * American Association of Long Term Care Insurance (AALTCI)
  • A higher chance of being accepted: Another AALTCI study found up to 33% of individuals 60 to 69 had health problems and were not able to qualify to "protect their finances". Another study of 10 leading long term care insurance companies found 13.9% of individuals 50 to 59 did not able to qualify.

Buying, being at home in control of your assistance, and not burdening family means:

  • Knowing your nest egg is insured, even if you die one day in your sleep not having used the benefits, gives you Peace of Mind.
  • You will not be following a "Just wait and see" plan.
  • AALTCI created a short video with good points on - when is a good time to buy Long Term Care insurance.

Bottom line - call John C Parker today - 860.739.0005 to discuss options to transfer the responsibility to pay for any needed assistance to a Long Term Care insurance plan.

John C Parker, has achieved professional designations as a Long Term Care Insurance professional and a Registered Health Underwriter. John is licensed to conduct business in CT (644135) and RI (1058420) and does not solicit or sell in other states.

This site shares insights from extensive involvement in professional associations, industry conferences, working with leading Long Term Care Insurance organizations, and individual research. These pages do not advocate a specific company or plan.


Insightful advice - no cost to you.

John’s commitment to helping individuals prepare for needing help with day to day activities, in the most economical way, is rooted in parents needing long term services.

Call Now for a Free Consultation [860.739.0005]


Free Little Book

The ABC's of Long Term Care Insurance

Connecticut residents - send a note with your address and this little book will be mailed to you. Lots of useful information from Phyllis Shelton can help determine if Long Term Care insurance is right for you and your family.

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Call John today - (860) 739-0005 - we can visit; answer questions; and there will be no pressure. The meeting is free too.