All Of The Ways to Pay For Your Long-Term Care
A Long-term care insurance policy will help cover the costs of assisted living, nursing homes, and home health care. It exists in case you can no longer care for yourself due to age, disability, or a chronic condition.
Long-term care insurance can be a sensible coverage option for many. Especially when you consider the fact that, 70% of individuals 65 and over will need this type of care at some point as according to, the U.S. Department of Health and Human Services.
So why doesn’t everyone opt for this option? The truth[…]
Covering the Costs of Care
Covering the costs
Chances are you will likely require some type of long-term care down the road. It is no secret that long-term care can be quite expensive which raises the question on how you will cover those costs. Long-term care insurance may be a feasible option for you when it comes to allocating some of those costs. Whether or not insurance is a good fit for you will depend on your overall individual circumstances and needs. Long-term care refers to services not typically covered through health insurance such as bathing, dressing, and[…]