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Long-term Care Insurance

Why are we offering long-term care benefits to our alumni?

  • The Census bureau reports there are 36 million people over the age of 65 and that number is projected to grow to 71.5 million by 2030, which will be at least 20% of the population!
  •  The longer we live, the greater the chance that instead of a sudden death, one will just have a long-term chronic condition and will need some form of extended care first.
  •  With that in mind, the 2013 national average cost for a private nursing home room was $75,555/year with a 5-year growth rate of 4.22% and a semi-private room average cost was $83,950/year with a 5-year growth rate of 4.45%.

We periodically offer on-campus long-term care educational  seminars/workshops.   Check our newsletters, alumni website or our affinity sponsor’s website for the next available offering.

Please note you will be redirected to a long-term care website provided by our alumni program benefit sponsor.  The website is designed to provide you with: valuable insight to long-term care, informative videos, explanation of insurance and its components, income tax treatment, interactive calculators, link to additional information sources, and tabs to obtain quotes, request additional information, ask questions or make personal contact.

TAKE THE TOURTake our virtual Long-Term Care Educational Tour

 

Visit our affinity partner if you are interested in learning more about long-term care insurance, see if it makes sense for you and determine what it will cost. You may also find out if you qualify for any of the various discounts available to you and your family members.

Please note you will be redirected to a long-term care website provided by our alumni program benefit sponsor. The website is designed to provide you with: valuable insight to long-term care, explanation of insurance and its components, income tax treatment, interactive calculators, link to additional information sources, and tabs to obtain quotes, request additional information, ask questions or make personal contact.

Last updated on February 5, 2016

Mercyhurst Alumni is on Facebook Follow Mercyhurst Alumni on Twitter Connect with other alumni on LinkedIn The Official Mercyhurst Alumni YouTube Channel