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Long-Term Care
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Alvin Thompson is the principal of the A.C. Thompson Group. For the past ten years, Mr. Thompson has been active in the insurance industry. He owns and operates his own independent agency, specializing in Long-Term Care Insurance.

Alvin Thompson can guide you through the maze of confusion and custom design an affordable plan specifically to address your needs and concerns. Mr. Thompson will work with you individually or with your attorney or financial advisor as required.

There is an abundance of information regarding Long Term Care insurance that needs to be examined. When it comes to structuring a policy, each individual is different. Your neighbor may have one kind of policy but you may need something totally different.

Many things come into play when designing a policy such as your current health, age, assets, income, family situation and more. Items that you have to decide on are:

• Type of policy: Tax Qualified or Non-Qualified

• In home care, facility & nursing home care

• Waiting periods, daily benefits, benefit period, inflation protection

Mr. Thompson can answer all your questions and put the pieces of the puzzle together by making recommendations for a plan designed specifically for you.

Mr. Thompson recently sponsored the Senior Horizon Festival, in Bethlehem Pennsylvania. Recognized as a Long-Term Care expert, he was interviewed for a Long-Term Care article which was published in the Allentown Morning Call newspaper. Additionally, he is the author of the Care Chronicles Long-Term Care Newsletter which is distributed quarterly.

In 1998, Mr. Thompson attended the Phyllis Shelton Long-Term Care course and in November 1998 attended the first National Long-Term Care Forum held in Washington, D.C.

Mr. Thompson and his staff work closely with elder care attorneys in the area and perform consumer awareness presentations to both the general public and group associations.

As an independent agent, Mr. Thompson represents many of the nation’s top Long-Term Care insurance companies. Accredited with the finest training this field has to offer, he is skilled in the counseling and structuring of Long-Term Care plans for each individual or group involved and is acutely aware of the latest issues evolving in the industry currently taking place in Congress.

Contact Mr. Thompson to discuss the correct plan for you.

Long-Term Care insurance is on the minds of many people today. You are constantly seeing articles on Long-Term Care or having conversations with friends and neighbors and this is creating much confusion and unanswered questions.

Learn the REAL facts about Long-Term Care in our new column, Just The Facts.

Review this quiz to determine whether you should look further to determine if a Long-Term Care policy is right for you.

	Alvin, if I needed long term care today, how would it affect my family?
	It depends. Would your family be able to care for you at home and assist you with normal activities of daily living as needed such as bathing, cooking, cleaning, moving about, etc?
	I have friends who would come and assist me. Do I really need Long-Term Care insurance?
	Again, it depends upon your situation. Can you depend on others? Would you want to depend on others?
	Suppose I needed 24-hour care?
	There are a number of issues to consider here. For instance, would you be able to stay at home or would you require nursing home care?
	Would I be able to pay for this care?
	In Eastern Pennsylvania, average nursing home care costs $48,000 to $55,000 per year. The National average is $40,000.
	Suppose I needed 3 years of care?
	Three years of nursing home care would total approximately $120,000 (Remember, that's the National average, Pennsylvania is higher.) Could you meet these costs out of your savings and assets?
	Will I be able to protect my assets and savings?
	As you probably have noted, Long-Term Care can be very costly. Without adequate Long-Term Care insurance, many individuals may need to draw upon savings for expenses.

Things to consider:

• Leaving my estate to my heirs
• Avoiding welfare (Medicaid)
• Preserving my independence and dignity
• Being dependent on my children
• Choice of care and settings

If you have any concerns with any of the questions or statements above, you may want to pursue Long Term Care Insurance further.

Contact Mr. Thompson to discuss the correct plan for you.

Click here to learn why it makes sense to own a long-term care policy.