Michael Wolff in New York Magazine: Horrors of LTC
Published On: January 17, 2013
Last Updated: January 17, 2013
This evening I was talking with a client in Hawaii who casually mentioned a friend of a friend who was writing a story for New York regarding Long Term Care and the horrors of keeping our loved ones alive despite their best interests. It’s a strange situation we find ourselves in.
Wolff’s mother planned ahead and has a $6k/mo LTC insurance policy, but her care is $17,000/mo. So while it helps, it’s not covering all. To be fair, if he weren’t so successful, and able to pitch in the difference, her policy would help greatly to provide for her care.