“Long-term care: Options and considerations”

“Long-term care: Options and considerations,” Fidelity

“The need for long-term care as we age can be financially, physically, and emotionally taxing. Coverage options can include traditional long-term care policies, Medicaid, and hybrid policies. If you’re considering a policy, think carefully about when to buy and about the features that make sense for your situation.”

 

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

Very promising to see a big investment firm recommending LTC planning. Unfortunately, it mentions Medicaid as an option without explaining the welfare program’s deficiencies. But, all in all, a good development. We thank Mark R. Meiners, the scholar who made the early case in 1983 that LTC is an insurable risk, for bringing this to our attention.