Article: Qualifying for Long-Term Care Insurance

Don Levin (Krause Financial) recently published, Qualifying for Long-Term Care Insurance, ABA Bifocal Vol. 45 Issue 1, 2023. Provided below is an Abstract:

When they hear the term long-term care, most people think of a nursing home—a place most want to avoid. The reality is most long-term care takes place in the home, allowing individuals to stay where they are most comfortable. Long-term care insurance (LTCI) makes it a lot easier to receive professional care at home, however, the key is to purchase LTCI before it’s too late.  Clients need to view long-term care as an event to plan for, rather than a place to avoid. Planning ahead for long-term care offers more options for future care and helps clients avoid depleting their life savings or exhausting loved ones.