Long-Term Care and the Farm Webinar Available

For many family farms, Long-Term Care (LTC) costs are the biggest threat to the future viability of the farm.  Nursing homes can cost well over $100,000 annually and about 20% of people who require LTC will need it for five years or more.  While there are no easy solutions to the LTC issue, there are strategies that can be implemented to lessen the risk of LTC on the family farming operation.

On February 20, the OSU Agricultural and Resource Law Program, PA Farm Link and the National Agricultural Law Center will be offering a webinar to discuss LTC issues for farms and the strategies available to them.  Topics that will be covered include:

• Costs for LTC
• LTC statistics
• Practical insights from an experience Care Manager who has helped families determine their LTC needs
• Developing a LTC risk assessment and applying it to your specific situation
• Strategies to reduce the risk of LTC costs
• Reviewing the LTC risk calculator application

The webinar will be held from 7:00 – 9:00 (EST).  The webinar is free but registration is required.  For more information and registration, go to https://farmoffice.osu.edu/long_term_care .