Planning for the Cost of Care
Long-term care includes a range of services that help people with daily activities like dressing, bathing, and eating. These services are expensive and are generally not covered by Medicare.
Funding Options
- Self-Funding: Using your own savings and investments to pay for care as needed.
- LTC Insurance: Traditional or hybrid policies that provide a daily or monthly benefit for care.
- Medicaid: Only available after most other assets have been exhausted.