Protection for the Care Medicare Won't Pay For
Long-term care insurance covers assistance with daily living activities such as bathing, dressing, eating, and mobility, whether provided in your home, an assisted living facility, or a nursing home. Medicare only covers short-term skilled nursing care after hospitalization. Long-term care insurance fills the massive gap Medicare leaves, protecting your retirement savings and giving your family meaningful choices when care is eventually needed.
Federal long-term care premiums rose dramatically in 2016, leading many employees to drop FLTCIP coverage. GRS finds private alternatives with better pricing and more stable long-term premiums.
The Long-Term Care Reality
70% of Americans over 65 will need some form of long-term care. A year in a nursing home costs an average of $100,000, and Medicare pays virtually none of it after 100 days.
Without long-term care insurance, these costs fall directly on retirement savings and family members.
Long-Term Care Coverage Options
In-Home Care
Covers professional caregivers, home health aides, and adult day services so you can receive care in the comfort of your own home.
Assisted Living
Benefits apply to assisted living facilities and memory care communities when independent living is no longer safe or possible.
Nursing Home Care
Covers skilled nursing facility stays when round-the-clock medical supervision and care is required.
Respite Care
Provides temporary relief for family caregivers through covered respite services, a critical but often overlooked benefit.
Dementia & Memory Care
Alzheimer's, dementia, and memory care, both in-home and facility-based, are covered under comprehensive long-term care policies.
Inflation Protection
Benefit amounts grow annually to keep pace with rapidly rising long-term care costs over a 20–30-year horizon.
Why Government Employees Need Long-Term Care Insurance
FLTCIP Premium Increases
Federal long-term care premiums increased as much as 126% in 2016, forcing many employees to drop coverage. Private alternatives offer more pricing stability.
Medicare's 100-Day Limit
Medicare covers skilled nursing facility care for at most 100 days, with significant co-pays after day 20. Custodial care is never covered by Medicare.
Retirement Asset Protection
A 3-year nursing home stay can consume $300,000 or more in retirement savings. Long-term care insurance preserves your assets and your spouse's financial security.
Family Caregiver Burden
Without insurance, care costs fall on spouses, children, and other family members both financially and personally. Insurance provides options that reduce that burden.
Plan for Long-Term Care Before You Need It
The best time to get long-term care insurance is in your 40s or 50s when premiums are lowest. A GRS specialist can help you get started today.
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