Tag Archives: long term care funding

What’s Your Long-Term Care Funding Plan?

In his news release, Jesse Slome, executive director of the American Association for Long-Term Care Insurance, details the total of long-term care insurance claims paid in 2017. It’s $9.2 billion. Insurance pays a fraction of the country’s LTC costs Sounds like a lot, doesn’t it? Well, it’s not. It’s barely a fraction of the estimated

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How Old Is Too Old…

  Outliving income is a major concern for many Americans. Long-term care is a likely expense for 70% of Americans age 65 and older and can quickly deplete savings and investments. For most Americans there are just three funding options: self-fund using income and assets, long-term care insurance or qualifying for Medicaid which is government

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