options to paying long term care

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Options for Paying Long Term Care

By |February 23, 2022|Categories: Uncategorized|Tags: , , |

It is important to plan for your future care. Most people in their fifties and early sixties don’t want to think about the possibility of needing help bathing, dressing or eating, but 70% of people over the age of 65 require assistance in two or more daily activities or need some type of long-term care. Here are some of the most common options for paying for long term care.

Out Of Pocket 

Out of pocket or self-insurance means that you pay for all of your medical bills on your own.[…]

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