“Key Points for Long-Term Care Insurance Purchases,” FedWeek

Quote:

“Benefit period. Pay for a policy that will provide at least three years of coverage. You also should have a plan to transfer assets and eventually qualify for Medicaid after a three-year waiting period.”

LTC Comment (from Stephen A. Moses, President Center for Long-Term Care Reform):  The transfer of assets look back period for Medicaid has been five years for over 12 years. In any case, very bad advice.

Key Points for Long-Term Care Insurance Purchases

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