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Long-Term Care Stories
There are plenty of stories about the issues and struggles—financial and emotional—associated with long-term care. A little planning, however, can turn a potentially heartbreaking tale into one with a happy ending.
Barry Shore—Optimism and Planning Prevail Barry Shore, a 55-year-old real estate executive, was enjoying a normal life when a rare neurological disorder suddenly struck, causing him to lose all movement in his body. Throughout his ordeal, money was the one thing Barry and his family didn’t have to worry about thanks to smart insurance planning. Disability insurance payments replaced more than half of his income. And long-term care insurance provided more than enough to pay for in-home care as well as physical, occupational and water therapy.
Lynda Striepe—Preserving a Secure Retirement Lynda Striepe’s husband, Allen, was a respected school teacher until Alzheimer's disease made him too sick to work. Long-term care insurance allowed Lynda to hire a home health aide so she could continue her teaching career. When Lynda could no longer care for him on her own, long-term care insurance covered his stay in an assisted living facility and later in a nursing home. Though Allen died two years after his initial diagnosis, Lynda credits the insurance for getting her husband the care he deserved and preserving their retirement assets.
Do you have a story about long-term care? If you, your partner or spouse, or member of your family has experienced long-term care, please feel free to share your story with us by clicking the link below.
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