To insure or not to insure – That’s the LTC question
Abstract: As health care costs soar and Americans live longer, long-term care (LTC) insurance is becomingly increasingly popular. For those who are healthy and between the ages of 50 and 65, this may be the ideal time to buy a policy. But it’s important to first understand the facts about the benefits — and risks — of LTC coverage. This article takes a look at coverage, costs and alternatives — including hybrid LTC policies, discussed in a sidebar.