No one wants to think about being unable to care for themselves in old age. But according to the U.S. Department of Health and Human Services, approximately 70% of all adults over the age of 65 will need some type of long term care. Long term care insurance can help pay for the expense of this needed care. It can be pricey to purchase, but it will pay off if you are among the 70% who will need to use it. Long term care insurance should be considered when determining your retirement plan.
Long term care insurance is different than traditional health insurance. It is designed to cover the costs of services and support when you can no longer care for yourself, whether that is in your home, at an assisted living community, memory care community, respite care, hospice care, or in a nursing home. The policyholder can select from a range of care options and benefits. Services can include caring for the activities of daily living such as bathing, toileting, and dressing, or skilled nursing, or occupational, speech or physical therapy. Long term care insurance typically covers what is not covered by health insurance, Medicare or Medicaid.
Depending on the policy that you purchase, long term care insurance can range from between $3,000 to $6,000 per year. But this annual cost depends on multiple factors such as the age when you purchase it, sex, health status, maximum daily benefit, length of benefits, and waiting period.
You can keep down the cost of long term care insurance by purchasing your policy when you are in your early 50’s and in good health. If you were to wait 20 years and buy a policy in your 70’s, you may pay up to three times as much. Also, if you are in poor health, you may not qualify.
Buying a long term care insurance policy is a way to give you and your family peace of mind and ensure that your future care needs are met.
Respite Stays & Day Stays give family caregivers a real break—hours, days, or a few weeks—while your loved one enjoys a safe, enriching short‑term home at Aegis Living. Guests settle into a beautifully furnished private apartment and have 24/7 care staff and onsite nurses, medication management, and discreet safety technology (motion sensors, medical‑alert pendants, visitor check‑in) for peace of mind. Each day feels purposeful with chef‑prepared, all‑day dining and 200+ monthly activities—from book clubs and fitness classes to movie nights—plus full use of the community. We coordinate with your loved one’s physicians to mirror their routines and care, so the stay feels familiar. It’s also a smart trial run for senior living: meet neighbors, test services, and see what supported independence looks like—without a long‑term commitment. Choose a Respite Stay when you’re traveling or need time to recharge, when your loved one would benefit from structure, social connection, and great meals, or when you both want peace of mind while keeping options open.
Hospice & End‑of‑Life Care at Aegis Living is comfort‑first support for the final stage of life, delivered in your loved one’s private apartment by our 24/7 care team in coordination with a trusted local hospice provider you choose (or we can recommend). Together, we create a coordinated care plan that manages pain and other symptoms, oversees medications, and provides calm, dignified help with daily needs, while offering compassionate emotional support for both resident and family. Discreet safety measures and a reliable medical‑alert system bring help quickly; chef‑prepared, in‑apartment meals adapt to changing appetites. Families are guided through decisions and moments of closure so they can focus on being present in a peaceful, home‑like setting. If your loved one already lives at Aegis, they can remain in the comfort of their home, avoiding disruptive moves. Choose this level of care when curative treatment is no longer the goal and you want expert symptom control, hands‑on daily support, and a setting that protects dignity and prioritizes comfort, meaning, and time together.
Memory Care is specialized, secure support for people living with Alzheimer’s or other dementias who benefit from a calm, structured environment and round‑the‑clock expertise. At Aegis Living, that care happens in Life’s Neighborhood—an intimate, thoughtfully designed setting where 24/7 dementia‑trained caregivers and a nursing team on site seven days a week deliver personalized help with daily living, medication management, and mobility (including Hoyer lifts and two‑person transfers), while gently redirecting agitation and confusion. Days are purpose‑filled with science‑based cognitive programming, certified music therapy, and social activities; chef‑prepared meals are easy to enjoy and dining spaces and cues are designed for memory support. Discreet safety features like secured entrances, emergency pendants with fall detection, and optional motion sensors, prevent wandering and bring peace of mind, and visiting physicians and wellness professionals reduce trips off‑site. Families receive education and ongoing support. If your loved one is unsafe alone, missing medications, wandering, needs frequent cueing or hands‑on help with bathing or dressing, or thrives with a predictable routine, Memory Care offers the right level of care. For milder needs, our transitional Assisted Living can be a first step; for advancing symptoms, secured Memory Care provides the specialized, heartfelt support to help them feel calm, connected, and at home.