A year in a
Preserve Assets & Independence
nursing home
ACS Sponsored Long
is estimated to cost $40,0Q0.2
Tmwt i^iitesuiiice One out of two
Most people look forward to their retirement years. But whatever
people over 65
you've planned could be at risk from the financial impact of a long
will spend time in
term illness or injury. Consider these facts:
a nursing home.1
Statistics show that one out of two people over 65 will spend time in a nursing home.1 As a national average, a year in a nursing home is estimated to cost $40,000. In some areas, it can easily cost twice that amount. Home care can cost $12,000 a year. Add in the cost of skilled help and these
72 percent of
costs can be greater.2
those individuals
72 percent of individuals entering a nursing home will deplete their
entering a nursing
savings and other assets to fund one year of care in a nursing home.3
home will deplete Medicare covers only short-term institutional stays, subject to their savings
many restrictions. Medicaid requires recipients to deplete assets in
and other assets
order to qualify.4
to fund one year
With ACS sponsored Long Term Care Insurance, you avoid becoming
of care in a
financially dependent on others and have the freedom to receive services where and how you choose.
nursing home.3
Learn more about how ACS sponsored Long Term Care Insurance can help preserve your assets and independence. To request more information and a personalized quote, call the ACS Plan Administrator toll free at 800-752-0179 (in Connecticut Medicaid requires
800-752-0178; local 860-653-4591).
recipients to deplete assets in order to qualify.4
We Take Care of Our Own! ACS Member Insurance Program
1. Life & Health Advisor, February 1997, p. 16. 2. HIAA, Guide to Long Term Care Insurance, 1996, p. 2. 3. "The Case of Self Funding Corporate Sponsored Employee Paid Long Term Care Benefits," Samuel X. Kaplan, Compensation & Benefits Review, May/June 1995, p. 52. 4. "Medicaid and Long-Term Care for Older People," AARP's Public Policy Institute, January, 1995. 99031
