There is a 70% chance that you will need some type of long-term care after 65, and it can be expensive. Health insurance typically only covers doctor and hospital bills. Medicare only covers short term skilled nursing home care. Medicaid only pays if your assets are limited. Having long-term care insurance means that you get the long term care you need in the setting of your choice.
Many people don’t know that you can sit down with an insurance agent and talk through your needs at no charge—and no obligation. If this all sounds overwhelming, why not reach out for professional advice? Our concierge service center offers this service at no cost.