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Planning for the Future | 06/12/20
Advancements in medicine and the healthcare industry have led to increasing life expectancies, so people are living longer than ever before.
Although there are certainly advantages to this news, when it comes to paying for future healthcare needs, substantial planning in advance needs to take place. Even for those taking everyday precautions such as eating right and maintaining a regular schedule of checkups, as advised by WebMD, dealing with future care needs and expenses is difficult to completely avoid.
A report from the World Economic Forum found that due to the increase in life expectancies, we must start “investing with a long-term mindset earlier in life to increase total savings later in life,” which can be overwhelming and burdensome.
That’s where Lifecare at Crestwood Manor comes in. Lifecare is the ultimate safeguard, offering financial predictability for future healthcare needs. And, not only are you protecting yourself from rising long-term care costs, but you’re also guaranteeing your future healthcare needs are taken care of if and when the need arises in a place that’s comfortable for you.
So, how does the Lifecare contract work? When you choose to sign the Lifecare contact when first moving into the community, you’ll pay an additional Lifecare fee. Think of it like insurance – yes, there is an initial upfront payment. But that payment ensures the care you need, when you need it and at a predictable cost. Plus, this expense may qualify for inclusion on your income tax return as a prepaid medical expense.
Lifecare is a comprehensive plan that ensures predictable monthly costs similar to what you would pay in independent living. If your care needs should change, you know that you have a plan in place for the future, and at a cost that you’re prepared for. Plus, with Lifecare, you know that your healthcare needs will be met in the community you’ve come to know and love thanks to our continuum of care. Whether you’re looking for independent living, skilled nursing, rehabilitation or personal care services, we offer quality services in a place that emphasizes comfort.
Lifecare is your answer to stabilizing long-term care costs. This means you are easily able to predict both short-and long-term financial expenses and goals. With more predictable healthcare costs, you and your loved ones will appreciate the added peace of mind that comes with Lifecare.
With Lifecare at Crestwood Manor, you’ll always receive the services you need in a place that’s comfortable and familiar – and at a predictable cost. You and your loved ones deserve this priceless peace of mind. Contact us today to learn how you can take control of your future healthcare needs.