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 How Can I Pay for Long Term Care?

The statistics are intimidating. Seventy percent (70%) of seniors will need some form of long-term care. Neither Medicare nor the typical health insurance policy provides coverage for this need. Yet the costs can reach, or even exceed, ten thousand dollars a month. So...

Is it Medicare or Medicaid?

Last column I explained the options to pay for long term care are limited. Adding to the problem is a significant amount of incorrect information about what those options are. For example, many seniors erroneously believe Medicare will pay long term care costs. This...