A guide to covering LTC expenses - Kiplinger

Seniors aged 65 have a nearly 70 percent chance of requiring long-term care services in the future. Of the 3.9 million Americans receiving care in a skilled nursing facility, 78 percent received long-term care for 100 days or more. Unfortunately, many individuals and families believe Medicare will pay for their long-term care; however, Medicare and most health insurance, including Medicare Supplement Insurance (Medigap), do not pay for long-term care. So, who will pay for this care? Elaine Silvestrini outlines how to pay for long-term care. Read Ms. Silvestrini’s article here…

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