Often, we assume only senior adults require long-term care, perhaps in assisted living or skilled nursing facilities. Before they reach that state, parents may purchase long-term care insurance to ensure their needs don’t burden children or other family members.
But what happens when the roles reverse? Adult children may develop a need for long-term care due to accidents, disease, or other disabling conditions. At that point, it often falls to aging parents to provide long-term care for their adult children with disabilities. Without insurance to help cover professional care expenses, these situations can be very difficult.
Nobody can be certain that they will not need long-term care in their young-adult or middle-aged years. Aging and senior parents should talk with their adult children about a plan of action, especially if they are concerned about the possibility of having to provide long-term care themselves.
Luckily, the CalPERS Long-Term Care Program can offer peace of mind through comprehensive long-term care coverage. Find out which plan works best for your family. For more information, visit the CalPERS Long-Term Care Program website or call (800) 908-9119.