Care Plan Evaluation
Protect yourself, protect your family, and have peace of mind in the event of a crisis.
Baby-Boomers are often referred to as the sandwich- generation. They are responsible for bringing up their own children and for the care of an aging parent. They often learn first-hand of the care available in their community for the elderly and the costs associated with these services.
Research tells us that caregiving of a family member is a “complicated and overwhelming task”. What do you do if care is required, hour after hour, day after day, year after year?
Do I need a Care Plan?
Not everyone will want, or need long term care insurance. But everyone should have a Care Plan. Protect yourself, protect your family, and have peace of mind in the event of a crisis. As Baby-Boomers age, there will be more demand placed on health services and care facilities, and the costs are more likely to increase over time.
Current cost of care in Ontario:
For a private non-subsidized retirement home, it can cost between $40,000 and $70,000 per year. The National median is $193 per day.
For home care the cost for private nursing is $50- $60/hour and for personal support worker is approximately $20--$30/hour (cooking, cleaning, shopping, daily living etc.)
The demand and cost of Long Term Care will continue to rise as the 10 million Canadian Boomers move towards their senior years.
There are 2.3 million Canadians 65 and over living in Ontario - that number is estimated to grow to 4.6 million by the year 2041.
We can help!
We offer a Care Plan evaluation and will provide you with a personalized strategy for health-event planning.