Ragan Financial Group

Ragan Financial Group

Call us at 815-623-8817 so we can pick a time to visit and discuss your current retirement plan and financial goals.

  • About
  • Retirement Income
    • Fixed Annuity
    • Social Security
  • Protection
    • Life Insurance
    • Long Term Care
  • Safe Money Strategies
    • Personal Pension Plan
    • Wealth Transfer
  • Videos
  • Resources
  • Contact
  • About
  • Retirement Income
    • Fixed Annuity
    • Social Security
  • Protection
    • Life Insurance
    • Long Term Care
  • Safe Money Strategies
    • Personal Pension Plan
    • Wealth Transfer
  • Videos
  • Resources
  • Contact
Search by typing & pressing enter

YOUR CART

Picture

Health Protection: Long Term Care

Picture

LONG TERM CARE OVERVIEW

Long-term care is a service that provides medical and non-medical care to people who have chronic illnesses and disabilities, as well as people who need assistance with day-to-day living.

According to www.longtermcare.gov, 21 million people required long-term care services and about 70% of people over the age of 65 required this service at some point during their lives.

Medicare does not cover "custodial" care, which is assistance with day-to-day living. Medicare only covers "skilled" care such as dispensing medicine, medical tests and diagnosis, etc. However, assistance with bathing, using the restroom, eating, household chores, etc ... are considered “custodial” care and are not covered by Medicare.

Preparing for the unexpected is a wise choice when it comes to healthcare. Having a long-term care policy could end up saving you hundreds of thousands of dollars.

LONG TERM CARE QUESTIONS TO ASK YOURSELF

  1. Do you know anyone who has had cancer, a heart attack, or a stroke? (Most of us know of someone who has had one of these critical illnesses.)
  2. Was the critical illness expected? (Critical illnesses are almost never expected!)
  3. Did the critical illness create emotional or financial stress the person and his or her family? (Reducing financial worries helps to reduce emotional stress.)
  4. Would cash have helped? (Of course the answer is “yes!”)

Need help deciding which type of critical illness coverage to acquire?

Schedule a Free Consultation >

More Protection Topics

LIfe INsurance
Wealth Transfer

Read our Life Insurance Guide

Picture
LIFE INSURANCE 101
Download Guide

ASK US A FINANCIAL QUESTION

ask a question
Everyone’s financial situation is unique and there is NOT a one-size fits all retirement plan. Ask us questions and get real answers. ​
ASK a QUESTION

Contact Us:

Ragan Financial Group
7042 Kinnikinnick Dr
Roscoe, IL 61073
815-623-8817

Office Hours:
Mon-Sat: 8:00 AM - 5:00 PM​

Need Help Making a Financial Decision?

Ask a Question >
DISCLAIMER:
The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax, legal, or investment advice. Please consult legal or tax professionals for specific information regarding your individual situation. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.

Ragan Financial Group is not responsible for any independent decisions made from information found on this website or links provided to external websites. You need to conduct your own research and consult with a representative of Ragan Finanicial Group or your own financial professional about your personal situation before making any financial decisions.

INFORMATION CONCERNING COPYRIGHT INFRINGEMENT CLAIMS:
Ragan Finanicial Group provides links from its website to various third party sites which may enable you to obtain locations and information outside of our control. Ragan Finanicial Group neither controls nor endorses such other websites, nor have we reviewed or approved any content appearing on them. Ragan Finanicial Group does not assume any responsibility or liability for any materials available at these websites, or for the completeness, availability, accuracy, legality or decency of these sites

© COPYRIGHT 2021. ALL RIGHTS RESERVED.