With Dementia Cases and Care Costs Set to Double by 2040, LTC Financial Partners Offers Long-Term Care 'Solution Set' for Affected Families

KIRKLAND, Wash., June 19, 2013 /PRNewswire/ -- Today LTC Financial Partners, LLC (LTCFP), announces a five-part "solution set" for Americans facing a growing problem: how to cope when Mom, Dad or another family member succumbs to dementia, which includes Alzheimer's disease.

When dementia strikes, memory and other faculties decline. Sufferers become dependent on others for help with eating, bathing, and other tasks of daily living. If these duties fall to a family member, that person may be forced to leave a paying job or neglect their own household duties or lives.  

"Our solution set helps prevent this from happening," says Denise Gott, LTCFP's National Sales Manager.    

Millions will be affected as dementia cases and care costs more than double by 2040, according to federally-funded projections by RAND Corporation, recently published in the New England Journal of Medicine. In 2040, 9.1 million will suffer from dementia, up from 3.8 million in 2010. And the cost of care will mushroom to a range of $379 billion to $511 billion in 2040, up from $159 billion to $215 billion in 2010. The per-capita cost will rise more slowly, but still a whopping 80%.

LTCFP's solution set consists of –

1. Long-term care insurance, to cover care expenses for disabilities including dementia.
2. Reverse mortgages, to provide funds for long-term care while remaining in one's own home.
3. Life insurance policies with long-term care riders.
4. Annuities that include integrated long-term care coverage.
5. Critical illness insurance, available for a variety of health issues including cancer, heart disease, and dementia.

"With any or a combination of these solutions," says Gott, "Americans can breathe easier. But they should remember to get protected while memory still serves."

Information may be requested from the following LTCFP specialists:

CA: Phyllis Solgere -- 909-627-5587
CA: Laura Weber -- 714-674-0190
CA: Sarah Fisher -- 510-230-4301
CA: Jim Valentine -- 408-792-0540
CA: Petra Petry -- 949-351-0347
CA: Art Neibrief -- 707-974-8282

CT: Larry Golfin -- 860-677-4075
CT: Steve Foss -- 860-539-0674
CT: Leonard Wik -- 860-432-1870

FL: George Braddock -- 305-378-8091
FL: Janet Washburn -- 239-404-7590

GA: Belen Hickman -- 404-245-2444
GA: Amy Pollock -- 404-237-1189

ID: Linda Hicks -- 208-331-2803

IL: Cheri Davis -- 773-531-0669
IL: Robin Frank -- 773-774-2600

IN: Kirk Bennett -- 260-969-1310

MI: Tom Varner -- 810-796-2405

MN: Jennifer Ragborg -- 952-898-2750

MO: Wendy Rinehart -- 816-886-2358
MO: Keith Eisberg -- 573-303-3007

NE: Larry Heinert -- 402-339-8643
NE: Larry Neuwirth -- 308-635-2023

NJ: Michael B. FitzPatrick -- 862-242-8787
NJ: Richard Landau -- 201-476-0880
NJ: James Cundari -- 973-450-1074

NY: Steve Brefere -- 914-234-7767
NY: Virginia Lee Kintz -- 866-582-6074
NY: Sheila White -- 631-893-4040
NY: Jennifer Lenihan -- 631-262-7167
NY: Susan Lenihan -- 631-262-7167
NY: Jay Charno -- 516-935-4029
NY: Gene Cutler -- 516-869-6767
NY: Michael Robinson -- 516-612-4936
NY: Ronald Brie -- 212-799-3900
NY: Dana Dee -- 716-983-1316
NY: Ray Donnelly -- 516-747-1809
NY: Peter Molnar     -- 800-588-9406

OH: Thomas Hodges -- 513-519-6010
OH: John Cullen -- 419-797-9210
OH: Pattianne Baran -- 216-409-0859
OH: Brenda Gray -- 513-541-3968

OK: Samuel Walker -- 405-816-0868

OR: Diane Steeves -- 503-297-7677

PA: Kevin Bressler -- 610-783-6970
PA: Anthony Camill -- 412-445-6171
PA: Cathy Allen -- 610-588-0852

SC: Madeline Wade -- 317-259-4113

TN: Mark Wardell -- 901-337-4146

TX: Bill Holland -- 817-283-7221
TX: Kay Nettles -- 713-466-4614
TX: Kat Roebuck -- 281-431-4033
TX: Kim Beckham -- 361-579-9663

VA: Linda Sotirion -- 757-646-6820
VA: George Polizos -- 757-291-8505
VA: Patricia O'Neill -- 703-534-3255
VA: Penny Gilbert -- 703-281-0914
VA: Michael Zuchowski -- 757-467-1354

VT: Tod Warner -- 802-985-4930

WA: Christine Khemis -- 888-582-5364
WA: Lucille Smith -- 206-877-3456

WI: Lynette Schiefer -- 920-434-4559

LTCFP -- www.ltcfp.com -- is one of America's most experienced long-term care insurance agencies and a co-founder and sponsor of the "3 in 4 Need More" campaign, which seeks to alert Americans to the long-term healthcare crisis.

The company is also leading a movement to make long-term care protection available as an employee benefit. Group protection information is available for executives, human resource managers, and employee benefit brokers. Information is available from the specialists as well as http://www.ltcfp.com/ltcfp/businessowners.aspx. 

*PHOTO 72dpi: http://www.send2press.com/mediaboom/13-0313-denise-gott_72dpi.jpg

*Photo Caption: LTCFP National Sales Manager Denise Gott.

SOURCE LTC Financial Partners LLC