With the average life expectancy now at nearly 79 years, making long-term care plans earlier in life is crucial for most Americans, yet the average American underestimates the cost of in-home, long-term care by almost 50 percent, according to a 2016 Genworth Cost of Care Study.
The same study reported the median cost for long-term care per year ranges from $43,539 to $92,378 depending upon care setting chosen.
Anyone interested in learning more about care choices can attend a free seminar, Understanding Medicaid, Medicare and Medicare Advantage, the next event in the AgingWell series hosted by Perry Lutheran Homes. The featured speaker will be Sonya Ackerson, founder and CEO of Advocate 4 the Aging.
Ackerson is Life and Health Licensed and a Certified Senior Advisor. She specializes in financial case management for seniors and their families and works with Medicaid, Medicare, long-term-care insurance, health plans and private-pay clients.
Topics open for discussion at the free seminar will include qualifying for Medicaid and the differences between Medicare and Medicare Advantage. The AgingWell seminar will take place at 4 p.m. Wednesday, Dec, 12 at the Hamlin Bell Apartments Community Room at 2023 Willis Ave. in Perry.
To reserve your spot, call or email Mollie Clark today at 712-450-0191 or firstname.lastname@example.org.
Mollie Clark is the director of marketing for the Perry Lutheran Homes.