Do you have or know someone in a nursing home or using Home Health Care? Do you know that if a person is unable to pay for these services that they must do what's called a "Spend Down" to reduce their money and assets to $2,000 and then Medicaid will be assigned to pay these bills? Do you know that a Long Term Care Plan (LTC) is a way to cover these expenses? Additionally, in Wisconsin we have a Partnership Program that matches dollar for dollar what you have for a LTC Plan as a safety net for your money or assets. For instance, a $150,000 Long Term Care Plan (LTC) will protect $150,000 of your assets. Maybe keep a family home or cottage in the family? I am a Professional Insurance Agent contracted with Genworth and I would like to help you learn more and evaluate if something like this would be a good fit for you or a loved one. Please contact me at 414-882-7697 if you would like more information.
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