“Confronting Retirement in a Low-Yield World,” by Christine Benz, Morningstar.com “One key risk factor for Stephen and Diane’s plan–as is the case with so many retirees today–is that they don’t have long-term care insurance. Unfortunately, purchasing insurance at their age can be extremely expensive; depending on their health, it may be unavailable. I’d recommend that they think through an action plan on this front–either carving out a long-term care fund and segregating it from the rest of their portfolio or investigating some type of long-term care coverage such as a hybrid annuity/long-term care policy. This article discusses the pros and
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“Medicaid is out of control and unsustainable. Work requirements could help,” by Nicholas Horton, National Review “The Medicaid program is at its breaking point. Even before Obamacare lured some states into expanding the program to non-disabled, working-age adults, Medicaid was growing at an alarming rate. Now, in the Obamacare era, the program is growing even faster, siphoning more and more resources away from folks who truly depend on Medicaid for survival. A new report, released this week by the Foundation for Government Accountability, gives a glimpse of just how serious the problem is.” LTC Comment (from Stephen A. Moses, President,
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