How to Shop for Long-Term Care Insurance

From NPR‘s Morning Edition today:

“One of the toughest money decisions Americans face as they age is whether to buy long-term care insurance. Many people don’t realize that Medicare usually doesn’t cover long-term care, yet lengthy assisted-living or nursing home stays can decimate even the best-laid retirement plan.
Not many elderly people get long-term care insurance. It’s expensive and many hope their kids will look after them instead.

Long-term care insurance is a complex product that requires a long-term commitment if you’re buying it. So how can you tell if this insurance is right for you?”

To read or listen to the complete story, click here.

If you wish to discuss your options for long term care insurance, contact Board Certified Elder Lawyer Babette Bach, Esq at (941) 906-1231.