“Are You Prepared for the Staggering Cost of Long-Term Care?”

“Are You Prepared for the Staggering Cost of Long-Term Care?,” by Jeffrey Marshall, Marshall, Parker & Weber LLC

Quote:  “Each year Genworth surveys long-term care providers nationwide to determine the cost of various long term care services. The information collected can help consumers understand and plan to meet the cost of care in their preferred geographic location and care setting. Genworth recently issued its survey report for 2020. This article provides you with some highlights of the report with a focus on cost data specific to Pennsylvania. … Planning, preparation, and expert assistance are critically important. Pennsylvania residents can meet with an experienced elder law attorney at Marshall, Parker and Weber to set up a plan that will help them find the most appropriate care and pay for it without bankrupting themselves and their family.”

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

Isn’t it interesting how this Medicaid planning attorney makes use of the Genworth LTC survey? Genworth says LTC is expensive, but call us and we’ll make that problem go away. How can private LTC insurance compete with that? Help the Center for Long-Term Care Reform eliminate this perverse incentive in public policy.