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Lamphere Insurance, Financial & Estate Planning Who will take care of me when I need Long Term Medical Care? Who will pay for my Long Term Care bills? With our longer life expectancies, we are now experiencing a new kind of health crisis in our country. An individual will now have a greater than 50% chance of needing some form of help with their physical and mental long term health care needs. Without the proper pre planning for the occurrence of this likely event, the results can be devastating to both the person in need of the care as well as their family members, negatively impacting the lives of their loved ones. People often think that Medicare and Medicaid will pay for their long term care expenses. But, the truth of the matter is, Medicare was never intended to pay for this type of care. The Medicaid program is designed to help the poor pay for long term care in a facility only. And since most people want to stay at home as long as they can, Medicaid, if a person qualifies, would defeat that purpose. Planning ahead provides alternatives which can allow you to keep full control of your health care needs while simultaneously protecting your assets. With the ratio of taxpayers to each person on Medicaid equaling 2-to-1 (Kaiser 4/11), it is very risky to trust that Medicaid services will be available when needed. A solution to this social and stressful family epidemic is to plan ahead, by using a Financial Advisor who is well versed in both the financial and insurance side of this issue. If you have any question or would like to make an appointment with a professional, feel free to give us a call. Simplify Your Life! ™ Your -time Resource for BABY BOOMERS & SENIORS Our Local, Experienced Team offers Personal Service for: • Insurance & Financial Consolidation • Medicare Plans • Long-Term Care • Retirement • Special Needs • Estate Planning • Pre-Retirement • 401K Rollovers • Charitable Giving • Final Expenses 113 Third Street • Lynden Neither LIFE Planning, nor their employees are associated with the US Government or the Medicare program. Health Care Guide - June 2014 • Lynden Tribune & Ferndale Record Call us today! 354-5333 11

Whatcom County Health Care Guide 2014

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