“FAQs About Coronavirus and Long-Term Care Insurance,” by Kimberly Lankford, US News & World Report
“The situation highlights the importance of having a plan to pay for potential long-term care expenses, which can give you more options if you end up needing care yourself. But it’s also made it more difficult to qualify for long-term care insurance, especially as you get older or have had a positive COVID-19 test. And if your aging parents already have a long-term care policy and are receiving care now, you may be wondering if any changes to their care from the pandemic will affect their insurance payouts. Here are answers to frequently asked questions about long-term care insurance and the coronavirus:”
LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):
Click through for the Q&A.