So Get Serious About the Long-Term Already!

You work hard to plan for your retirement, to ensure your quality of life when you’re no longer working. Now, imagine having to use your hard-earned savings to pay for costly long-term care services. Learn how long-term care insurance can help protect your financial security.

What Is Long-Term Care?
Long-term care (LTC) is coverage that provides help with simple daily activities such as eating, bathing or dressing that you or a family member need due to an accident, long illness or just the natural aging process. Long-term care can be provided in your own home, nursing home or other facility.

Paying for long-term care services without insurance is expensive, and it can deplete your hard-earned savings. Consider this:

• The national annual average cost for home care is over $24,000. That's for paying $19 an hour, five hours a day, five days a week for a home health aide.
• The national annual average cost for nursing home care is over $68,000.

Through MetLife, Nielsen offers a Long-Term Care plan. It’s coverage that protects you and your enrolled family members when you need care for a lengthy period of time, and it covers expenses either at home or in a facility (such as an assisted living facility, a hospice care facility or a nursing home).

You may enroll yourself, your spouse or your same or opposite sex domestic partner, your parents and your parents-in-law, adult children and stepchildren over age 18, and grandparents and grandparents-in-law.

The longer you wait, the more it will cost you. Long-term care coverage generally costs you less the younger you are. If you think this plan might be right for you or a family member, you might wish to sign up sooner rather than later.

This e-newsletter is the second of a series designed to help you make the most of The Benefits of Nielsen. Each issue will provide tips and information related to a central theme that will help you use your benefits to Live Well. Click through each section for help managing your health, your health plan and your future.

In this Issue