What is Long-Term Care Insurance?

Long-term care insurance covers the costs of care services that traditional health insurance and Medicare do not. These services can include:

✔ Assisted living facilities
✔ Nursing home care
✔ In-home healthcare services
✔ Memory care for Alzheimer’s or dementia
✔ Adult daycare programs
 

Without LTC insurance, these services can be financially overwhelming, often costing thousands of dollars per month. Protect your savings and retirement funds by investing in a policy that ensures you get the care you need without burdening your family.
 

Why is Long-Term Care Insurance Important?

1. Health Insurance & Medicare Don’t Cover It – Many people assume Medicare or standard health insurance will cover long-term care expenses, but they typically do not.

2. Costs Are Rising – The average cost of a private room in a South Dakota nursing home is over $100,000 per year, and costs are expected to continue increasing.

3. Protects Your Assets & Retirement Savings – Without LTC insurance, you may have to deplete your savings or rely on Medicaid, which has strict eligibility requirements.

4. Provides More Care Choices – A long-term care policy allows you to choose where and how you receive care, whether it’s in your home, an assisted living facility, or a nursing home.

5. Reduces the Burden on Loved Ones – Your family may not be financially or physically able to provide the level of care you need. LTC insurance ensures professional care is available without placing stress on your loved ones.
    

Who Needs Long-Term Care Insurance?

✔ Individuals age 50+ looking to secure their future care options.
✔ Those with a family history of chronic illness or dementia who may require specialized care.
✔ People who want to protect their retirement savings from high medical costs.
✔ Anyone wanting flexibility in their care choices instead of relying on Medicaid.

The best time to buy long-term care insurance is before you need it, typically in your 40s, 50s, or early 60s, while premiums are lower, and you’re more likely to qualify for coverage.
 

How Much Does Long-Term Care Insurance Cost?

The cost of LTC insurance in South Dakota depends on several factors:

• Your Age & Health – Younger, healthier applicants get lower premiums.

• Coverage Amount & Benefit Period – More coverage means higher premiums, but it also offers more financial protection.

• Inflation Protection Options – Helps ensure your benefits keep up with rising healthcare costs.

• Elimination Period – The waiting period before benefits begin can affect your premium.
   

Our team at Vision Insurance Group will help you find a plan that fits your needs and budget.

​

Get Expert Guidance on Long-Term Care Insurance in South Dakota

​

At Vision Insurance Group, we specialize in customized long-term care insurance solutions to help you and your family plan for the future. Our experienced agents will walk you through your options, explain benefits, and help you choose a policy that gives you financial security and peace of mind.

​

📞 Call us today at 888-893-3877 for a free consultation!

Don’t wait until it’s too late—protect your future with long-term care insurance today!