Everyone thinks they’ll be in the 30%, but the numbers say to plan otherwise,” says Beth Ludden, senior vice president of ...

"The stability of the long-term care insurance market is a nationwide issue," the Department of Financial Services said in a ...

Medicare does not now and never has covered long-term care. Problems tend to arise because there’s so much confusion about long-term care, LTC LTC 0.0% for short.

Long-term care services are expensive and are not covered by Medicare or regular health insurance. This could mean you'd pay the full cost of these services unless you have additional coverage. A long ...

But few of us are prepared for it: only about 7 million Americans, or 1 in 10 Baby Boomers, have some sort of long-term care insurance. Some projections suggest that more than half of all middle ...

Long-term care organizations will account for a third of the healthcare bankruptcy cases in 2025, predicts a new report from ...

Long-term care isn't typically covered by traditional insurance or Medicare. Traditional tax-deferred accounts are good receptacles for long-term-care costs. Home equity can be a solution to help ...

Before you pick which long-term care insurance riders you'll use, it's important you know how each of them work. Make sure to take the time and consider each one and if it makes sense for your ...

The most frequent advice I give about long-term care insurance policies is: Read your policy. Too often, policyholders do not have a firm grasp of what coverages they have or how the policies work.

October 10, 2023 / 11:22 AM EDT / CBS News Long-term care insurance can help cover the costs of an in-home caretaker. Getty Images ...

While some retirees will need Long Term care for a few days or weeks at the end of life, others may need care for extended periods of time. Either way you will want to have a plan to pay for the ...

Ability to pay Long-term care is costly. The average private room at a long-term care facility is over $13K a month in my home state of Connecticut, according to Genworth’s Cost of Care Survey.