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Long term care or “Self-insure” ?

By |August 23, 2018|Categories: Uncategorized|Tags: , |

Should you purchase Long-Term care insurance or invest to “self-insure?” Statistics show that at some point you are more than likely going to need some type of long term care. Eventually you will need coverage that regular health insurance does not cover.

Being “Self-insured” requires a person to fund the expenses of long term care by using financial resources or personal assests. Basically you are saving for costs of medication and caregiver service fees that you can pay later on when needed. Paying out of pocket requires quite a large sum of money. One of the risks in self insuring[…]

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