long-term care

Health
2:28 am
Wed May 28, 2014

How To Shop For Long-Term Care Insurance

The first lesson of long-term care insurance: Shopping before health problems set in improves your chances of being accepted while tempering lifetime premium payments.
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Originally published on Wed May 28, 2014 11:57 am

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.

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?

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