Steve Andrews's Blog

I always assumed that Medicaid or Medicare would pay for my parents' long term care needs.

I was very wrong, and I'm not alone. Most Americans believe that the need for Long Term Care Insurance is

overblown. Most Americans are in for a rude awakening, because many of us will

eventually need LTC but won't be able to afford it.



The first question would be: What is Long Term Care Insurance? The answer is more

complicated than you may think, so we highly recommend you read the sites linked in this

article. In essence, Long Term Care Insurance cannot prevent you from ever needing long

term care services, but it can help you protect yourself and your family from the

financial burden or depleting your assets.