Health & Long-Term Care Insurance – Plan Wisely for the Road Ahead
(719) 600-2228
Smart Planning for Healthcare Costs Starts Now
Understanding Your Health Insurance Options
Your healthcare needs change over time—and so do the options available. We help clients understand which policies provide the right balance of cost and coverage:
Under 65
If you're not yet eligible for Medicare, we can guide you through individual or ACA marketplace health insurance options. This is especially important for self-employed individuals, early retirees, or those between jobs.
65 and Over
Medicare planning in Colorado Springs can be confusing. We break down Medicare Part A, B, D, and help you choose between Medicare Supplement (Medigap) and Medicare Advantage Plans based on your medical needs, travel habits, and preferred providers. We also assist with annual Medicare reviews to keep your coverage current.
The Evergreen 360 Planning Difference
As independent fiduciary advisors, we aren’t tied to one investment platform or company. That freedom lets us make unbiased recommendations that match your goals—not someone else’s sales quota.
We also believe in flexibility. Our planning philosophy blends traditional investing with modern strategies like using annuities as a fixed-income component to reduce market volatility. This approach helped many of our clients stay on track through inflation and market dips.
Most importantly, we keep things approachable. No jargon. No pressure. Just clear, forward-looking conversations to help you make informed decisions.
What Long-Term Care Insurance Covers—and Why It Matters
Long-term care insurance is designed to cover services most health insurance and Medicare plans don’t—like assisted living, in-home help with daily tasks, memory care, or skilled nursing facilities. And with the average cost of a private nursing home room in Colorado topping $110,000 per year, planning for care is critical—not optional.
LTC insurance can provide:
Daily or monthly benefits toward care services
Flexible options for where care is received (home, facility, etc.)
Financial relief for your loved ones
We’ll walk you through how these policies work, what coverage might cost based on your age and health, and whether it’s the right fit—or if other strategies may make more sense.
Exploring Hybrid Policies as an Alternative
Traditional long-term care insurance isn’t the only way to prepare. Many of our clients explore hybrid policies that combine life insurance or annuities with long-term care riders. These options allow you to retain value even if you never use the LTC benefits, avoiding the “use it or lose it” concern. We’ll help you compare structures, premiums, and benefits to see if this approach aligns with your retirement and estate planning goals.
Personalized Advice That Fits the Bigger Picture
As independent advisors, we take a planning-first approach. That means evaluating your healthcare needs within the broader context of your retirement income, assets, estate goals, and tax picture. Sometimes, a stand-alone insurance policy is the right fit. Other times, it makes more sense to earmark investment funds, consider home equity, or use other creative solutions to cover future care.
We believe the best plan is one you understand and feel confident in.
Frequently Asked Questions About Health & Long-Term Care Insurance
Medicare Advantage plans often have lower premiums and include extra benefits, but come with provider networks and out-of-pocket costs. Medigap plans offer broader provider access and fewer surprise costs. The right choice depends on your budget, medical needs, and travel habits.
Most people consider buying LTC coverage between ages 50–65. Premiums are lower when you’re younger and healthier, and waiting too long can limit your options due to health issues.
Original Medicare doesn’t cover most dental care, vision, hearing aids, or long-term care services like assisted living or personal home care. That’s why planning around gaps is so important.
Premiums vary based on age, health, coverage amount, and whether you choose inflation protection. For a 60-year-old couple, it could range from $3,000 to $5,000 per year combined.
It depends. If you have significant retirement assets, you might use a dedicated fund or home equity. But insurance can help preserve your estate and provide flexibility, especially if care is needed earlier than expected.
Schedule Your Strategy Conversation
Complete this 30-second form to receive a no-obligation consultation. We will analyze your situation and determine the best solution.