“10 Things You Should Know About Long-Term Care Insurance,” by David Rodeck, Kiplinger

“While Medicaid can pay for long-term care, it generally only kicks in after you’ve spent down virtually all of your assets. Before then, you typically have three options.”

 

LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform:

This “fallacy of impoverishment” shows up in almost every article about LTC financing. We explain why that happens; we refute the conventional wisdom; we show how this mistaken notion is at the root of everything that is wrong with long-term care; and we propose a solution in “Long-Term Care: The Problem” and “Long-Term Care: The Solution.”