Long Term Care Insurance Kern County CA Cost and Companies
The Risk of Needing Long Term Care Services
According to government statistics, about 70 percent of people over age 65 will require some type of long-term care services during their lifetime. However, the need for long term care does not only impact seniors as 40 percent of people currently receiving long term care services are ages 18 to 64.
Kern County Long Term Care Planning
Knowing the cost of long term care facilities and home health care in Kern County, Bakersfield and surrounding cities is important as the local cost of care is a key indicator to how much long term care insurance protection is needed.
Consider that Kern County, California has a current population of more than 850,000 residents and over 30% of Kern County households have at least one resident over the age of 65. The largest city in Kern County, Bakersfield, has a population of more than 350,000. Ranked as the ninth largest city in the State of California, more than 21% of all Bakersfield, California households have a resident over age 65.
These older demographics place strong demand on both the Bakersfield and Kern County long term care system and high demand tends to increase the cost of care. One of the most comprehensive studies on the cost of long term care is conducted annually by Genworth Financial. The Genworth Financial 2017 Cost of Care Survey encompasses long term care costs nationally and surveyed over 15,000 long term care providers in 440 regions.
Kern County CA Long Term Care Costs – 2017 (annual)
|Nursing Home (private room)||Nursing Home
|Home Health Aide
Long Term Care Insurance Rates and Information
We are a California based insurance brokerage that has specialized in long term care insurance coverage since 1990. We represent multiple top-rated companies and believe in providing our clients with exceptional customer service. Our product knowledge and benefit design expertise are among the best in the country and we are an outstanding resource for both individual and corporate customers looking to obtain high quality long term care insurance solutions. We’ll give you professional and unbiased advice so you can choose the best company and benefits for your needs.
Request LTC Insurance quotes and we’ll give you:
- Price comparisons customized for your specific needs from top carriers such as Genworth, John Hancock, Transamerica, Mutual of Omaha, MassMutual and others.
- Benefit comparisons of each company’s policy. This side-by-side comparison will cover both the similarities and differences of each long term care plan.
- Financial stability reviews of each long term care insurance company’s ratings, size and claims paying experience.