As long-term-care insurance gets costlier and harder to find, insurers are rolling out other options. We weigh the pros and cons. As long-term-care insurance grows increasingly expensive and harder to get, insurers are stepping into the breach with new life policies and annuities that pay out long-term-care benefits during one’s lifetime. But the new products may be an imperfect substitute.
Long Term Care Services are EXPENSIVE!
MEDICARE DOES NOT PAY FOR LONG TERM CARE.
And someone has to pay for it. How will you pay for care?
And someone has to pay for it. How will you pay for care?
