“Are you trying to put me in a nursing home?”
Chances are you’ve heard something like this if you’ve talked to your parents about long-term care insurance (LTCi). It may be a challenging conversation, but today’s LTCi could help your parents maintain their independence. Here are a few ways to approach it.
- Focus on independence, quality of life, and peace of mind.
- Help them understand what LTCi covers. Most policies are designed to pay for home health care as well as nursing homes. Some policies will pay cash to relatives and friends who assist with informal care.
- Express the hope that they remain in their home the rest of their lives. Most people prefer the familiarity and comfort of their own homes. LTCi may help them stay at home for a longer period of time.