CareScout’s New Long-Term Care Insurance Product: An Overview

Welcome to LTC Tree. Since 1999, we’ve been the number one source for objectively comparing all the blue-chip Long Term Care Insurance companies side-by-side. We provide Traditional as well as Hybrid Long Term Care Insurance quotes, rates, reviews, ratings, and other cost information. Most importantly, we will help you save money and get the best deal on your Long Term Care Insurance purchase.

Introduction to CareScout’s New Offering

In 2024, CareScout is entering the Long Term Care Insurance market with a comprehensive product designed to cover home health care, assisted living, and nursing homes. This initiative leverages CareScout’s expertise in senior care services and Genworth Financial’s legacy in long-term care insurance.

Why Buy Long Term Care Insurance?

Long Term Care Insurance (LTCI) removes the uncertainty of needing long-term care, allowing you to focus on enjoying life. With advancements in medicine, people are living longer, increasing the likelihood of needing long-term care. According to the New England Journal of Medicine, about 51% of people 65 years and older will eventually need long-term care services.

Longevity Increases Need for Long Term Care

Extended longevity, due to modern health technology, increases the likelihood of needing long-term care services. Diseases such as Alzheimer’s, obesity, diabetes, stroke, cancer, and Parkinson’s, as well as accidents like falls, contribute to this need. LTCI helps cover these costs, giving you peace of mind.

What Does Long Term Care Insurance Do For You?

CareScout’s LTCI benefits can be used for care in three main settings:

  • Home Health Care: Ensures you can stay in your home and receive necessary services.
  • Assisted Living Facilities: Allows you to stay in clean, high-end facilities.
  • Nursing Homes: Pays for the best nursing home care available.

Problem: High Cost of Needing Long Term Care

Consider the high average annual cost of receiving long-term care:

  • Nursing Home: $108,408
  • Assisted Living Facility: $72,403
  • Home Health Care: $75,211

Solution: Plan with Long Term Care Insurance

Planning with LTCI removes the worry of depleting your life savings due to high long-term care costs. The average nursing home stay is now 3.3 years, adding up to significant expenses. LTCI can protect your nest egg and ensure you receive quality care.

Get Your Free Long Term Care Insurance Quotes Below

Get your free Long Term Care Insurance quotes below.

Benefits of Long Term Care Insurance:

  • Maintain Independence: Receive Home Health Care in the comfort of your own home.
  • Protect Your Nest Egg: Avoid depleting your investments and losing your home.
  • Avoid Being a Burden: Prevent the need to rely on family for care.


“LTC Tree’s assistance was invaluable in helping us decide which Long Term Care Insurance policy was best for us. They saved us money and provided peace of mind.” – Steve M. from Charlotte, NC – May 2023

Long Term Care Insurance: Removes your biggest retirement worry.