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Safeguard your retirement by insuring your future care needs.

As a valued AFT member, you and your eligible family members have access to special discounts on long-term care insurance solutions.

We’ll help you find a long-term care insurance solution that’s right for you.

Navigating private long-term care to find the best coverage at an affordable price can be overwhelming when you go at it alone. Fortunately, you don’t have to. The AFT has partnered with Back Nine Planning to provide members with a dedicated long-term care specialist and discounted rates not available to the broader public.

 

Our team can also offer you a complimentary, no-obligation consultation. When we find coverage that’s right for you, we’ll guide you through the application process from start to finish. Our goal is to empower you with the insights you need to confidently choose long-term care insurance. 

Form

Let’s chat.

AFT members and their families have access to a dedicated long-term care specialist and member-only rates. Submit the form below or call 877-764-8988 to request a discounted quote or to meet with a team member.

Preferred method of contact:

What is long-term care insurance?

Long-term care (LTC) encompasses a variety of services aimed at helping individuals to live as independently as possible. Among them, LTC insurance stands out as one of the most beneficial. 

 

LTC insurance serves as an additional financial resource, stepping in to cover or reimburse expenses in instances of cognitive impairment or when you’re unable to perform two or more Activities of Daily Living (ADLs) on your own. The covered ADLs include:

  • Bathing

  • Walking

  • Toileting (using the bathroom)

  • Eating

  • Dressing

  • Transferring (e.g. from chair to bed)

This insurance is designed to enhance your quality of life, providing aid and support when needed, ensuring peace of mind, and financial security for your future, allowing you to maintain dignity and independence for as long as possible.

You might think long-term care only happens in nursing homes.

FALSE

Many mistakenly equate long-term care solely with nursing home stays. But actually, long-term care can be administered at home and in various other settings too—which means long-term care insurance covers more than you might think. Medical and non-medical services and support can be provided in places like:

Your home or someone else’s
In-law apartments
Adult daycares
Assisted living facilities
Nursing homes
Hospice centers

Who should buy long-term care insurance?

LTC insurance goes beyond standard health insurance plans. It covers essential services when age, injury, illness, or cognitive impairment hinder your ability to care for yourself. 

 

As such, LTC insurance is especially beneficial for:

  • Families wishing to safeguard the future of their loved ones and their assets
     

  • Retirees and pre-retirees who want to protect the financial resources they’ve diligently accumulated over the years.
     

  • Individuals who may lack a caretaker or the financial means to afford LTC.

Think of LTC insurance as a safety net, ensuring continued dignity, autonomy, and financial stability when life presents unexpected challenges.

Many believe government programs and other insurances will cover the costs of their long-term care needs.

FALSE

Health insurance

Does not cover LTC expenses, even if you’re on an employer plan or an Affordable Care Act policy.

Medicare

Does not cover most long-term care services and should not rely on Medicare to meet your long-term care service needs. Coverage is for assisting people during a short-term recovery and doesn't include personal care or supervision services.

Long-term disability insurance

Only covers part of your income if you can’t work for an extended period of time due to illness or injury, and it ends when your employment ends unless you continue to pay for it.

Medicaid

Will cover long-term care expenses only if your assets are $2,000 or less (countable assets according to Medicaid regulations; varies by state). Moreover, the provided care might be restricted to nursing homes, and your state may even dictate location.

Costs of Long-Term Care

Patient and Nurse

Nursing Home Care

$116,554.76

is the average cost of a year’s care in a private room.

Nurse and Patient

Home Care

$60,569.60

is the average cost per year for 40 hours of help per week.

Playing Chess

Assisted Living

$63,336.60

is the average cost of a year’s care in a 1-bedroom place.

Costs come from New York Life Cost of Care Survey, 2023

Long-term care insurance options:

  • Offer extensive coverage options

  • Maximizes the value of the premium you spend

  • Inflation protection available

  • Potential tax benefits

  • State Partnership plans are available to protect assets

Which option is right for you?

Not all policy options may be available in all states.

We represent all leading insurance companies.

 

We don’t offer just one solution. Instead, we help you shop the major private insurance providers in your area so you can compare rates and coverage.

Let’s work together to select a long-term care insurance policy that’s right for you.

Your Back Nine Planning specialist will guide you through a comparison of policies to discern the best fit for your individual needs and financial landscape. As an AFT member, you’ll have access to multiple insurance carriers plans to ensure you choose the best coverage at the most competitive premium.

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