Baygroup Insurance

Maryland's premier Long-Term Care insurance agency


Age & Stage for LTCI

Melissa Barnickel Discusses the Age & Stage for LTCI:

Types of LTCI

Melissa Barnickel Discusses the Types of LTCI:

Retirement Mistakes and Long Term Care

The Motley Fool recently published an article entitled “4 Retirement Mistakes You Can't Afford to Make,” with a subtitle warning: “Take steps to avoid these.“

And—as if you weren’t already motivated to read

Not Just Asset Protection: How Private Long Term Care Can Protect Against Abuse

It’s horrible in the abstract. Yet it’s even worse when it’s reported at a facility you know. The topic: elder abuse at the hands of professional caregivers.

Genworth Releases 2017 Cost of Care Findings

Genworth has released its 2017 cost of care findings.

The national median hourly rate for homemaker services rings in at $21/hour. Meanwhile, the national median hourly rate for home health aide services is $22/hour. The median for adult day care is $70/day. While assisted living facilities will cost you $3,750/month. Lastly, nursing care for a private room will run a median average of $267/day, while a semi-private room is a daily rate of $235. 

More information can be found at the following link:

Why should I buy Long Term Care Insurance?

Your medical insurance, including Medicare when eligible, will not pay for help in the home and other venues (assisted living, skilled nursing home..) for an extended period of time.

Why do I need to look at Long Term Care Insurance now?

Starting mid-April, 2013, pricing will be much higher, especially for women.  Roll-out of changes vary by state of residence and insurance company.  Your family health history as well as your health history will be evaluated more thoroughly than it is with current policies.  This change will affect some people who are currently easily insurable. The high cost of care today and tomorrow, increasing longevity, increasing probability of requiring care, and the severe impact on family lifestyle and finances makes long term care a front burner issue. 

Long Term Care Insurance - Baltimore County, Maryland

My wife and I were very impressed with Melissa Barnickel when, in 2010, we decided to survey the long term care market. After asking us several questions, she sent us information to review as well as a number of proposals to consider from companies that she felt were leaders in the industry. One example of a study that she supplied stands out to us—it was the average facility costs to be a resident in the geographic areas that interested us.
The premium quotes for the coverage available, along with applicable discounts when both spouses are insured, combined with the costs of facilities provided a complete picture so that we could intelligently make a decision on our next step---the application for a policy with designated personal preferences. Melissa simplified that process for us as well by answering questions and electronically sending us everything we needed.
Her terrific follow up and patience was exemplary. We have recommended Melissa to friends and family without hesitation. - Mr. & Mrs. B.P.

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