Long-Term Care Insurance

One of the easiest ways that decades of hard work can destroyed is medical difficulties and the need for long-term nursing care. Medicare only covers short-term nursing care in some circumstances & Medicaid is only available for persons who meet low asset & income thresholds, which unfortunately may be met quickly if nursing care is needed. Long-Term-Care Insurance is one way to address this risk.

The National Association of Insurance Commissioners (NAIC) publishes an extensive Shopper’s Guide to Long-Term Care Insurance available for free on their website at http://www.naic.org/documents/prod_serv_consumer_ltc_lp.pdf