Long Term Care Insurance Coeur d’Alene CDA

Long-Term Care Insurance in Coeur d’Alene CDA – Protect Your Assets and Choose Your Future

Long-Term Care Insurance Coeur d'Alene CDA

Dirks Insurance Group can help with your long-term care insurance in Coeur d’Alene CDA because many people are surprised to learn that over 60% of adults over age 65 will require some form of long-term care. Without proper planning, the high costs can quickly deplete your savings. In fact, a common scenario is when a wife becomes the caregiver for her husband, only to find herself without support when she needs long-term care later in life.

Long-term care insurance in Coeur d’Alene CDA offers you financial protection, freedom of choice, and peace of mind. With rising healthcare costs and limited Medicare or Medicaid coverage, this insurance can help you avoid becoming a financial burden on loved ones.

Why Consider Long-Term Care Insurance?

  • Protects your retirement savings and other assets
  • Gives you control over where and how you receive care
  • Reduces dependence on family members
  • Prepares you for future care needs in a dignified way

When Should You Buy a Long-Term Care Policy?

The ideal time to purchase long-term care insurance is between the ages of 45 and 60. Buying early improves your chances of approval and lowers your premiums. Waiting until your 60s or 70s may lead to much higher costs—or even disqualification due to health issues. Long-term care planning often works hand-in-hand with life insurance coverage.

What Medicare and Medicaid Cover

Medicare

Medicare may cover up to 100 days of skilled nursing care—but only under strict conditions:

  • You must have had a hospital stay of at least 3 days
  • You need skilled nursing care (not custodial care)
  • You must pay a portion of the costs

Medicare does not cover most long-term care costs, such as assisted living or in-home help with daily activities. Learn more about what Medicare covers on our Medicare Insurance page.

Medicaid

Medicaid is available only to those who meet strict income and asset limits. In Idaho, you typically need to “spend down” your savings to qualify. If you do qualify, Medicaid may limit you to certain state-approved nursing homes or care providers.

Is Long-Term Care Insurance Right for You?

If you want to protect your assets, maintain independence, and have a say in how and where you receive care, long-term care insurance could be the right solution. If your resources are limited, Medicaid might be your primary option.


Get a Quote for Long-Term Care Insurance in Coeur d’Alene CDA

For a quote or to learn more, contact our office today at info@dirksinsurance.com or call (208) 664-9272.