Who will take care of you when you are old? How will you pay for it? LTC Insurance could be your solution.
Some people think Medicare, which is the health insurance for those 65 and over will cover Long Term Health Care costs. In fact, it pays very little. For those under 65, normal health insurance also pays very little.
Advances in medical science allow us to live longer & survive accidents & health events. As we age the risk increases. People require care due to illnesses, accidents or the impact of aging.
A leading Long-Term Care Planning expert tells teachers that planning for Long Term Health Care is even more important now that many states are looking at changing how teacher’s retirements are funded.
Not having an affordable plan for Long Term Health Care can have a big impact on your future retirement. Planning in advance is key. An affordable solution is Long-Term Care Insurance.
Short Term Care Coverage might be available for some who have been declined for Long-Term Care Insurance according to consumer group. People with health issues could benefit.
Many people have HSA's and don't know they can pay for their affordable Long-Term Care Insurance with the pre-tax money in their HSA accounts.
Some people wonder if Long-Term Care Insurance actually pays claims. According to a national trade group, LTC policies paid almost $8 billion in claims in just 2014.