“Long-Term Care Insurance: How to Choose It”

As this article in Barron’s indicates, there are only three ways to pay for long-term care (sometimes called “custodial care”): out-of-pocket, Medicaid, or via long-term care insurance. This article provides an overview of LTC insurance — who’s in the “sweet spot (those in their late 50s) and how policies vary (maximum monetary benefit, maximum life of a policy, elimination period, and inflation adjustments).

The full article link is below. You can only access the full article online if you are a Barron’s subscriber.


Barron’s: Long-Term Care Insurance: How to Choose It
It’s not easy finding a comprehensive and affordable plan. Some guidelines will make the quest less difficult.
by Nancy F. Smith
April 11, 2015