When it comes to covering the costs of Assisted Living, Medicare, Health INsurance, Private Insurance, Long Term Care . . . they might.
There are long term care insurance policies that were purchased many many years ago that would pay out $100, $200 or maybe even $250 a day in care. These policies would cover a very nice place.
However very few actually are buying long term care insurance and those that are are faced with more limits on what the insurance will cover not only per day, but also over all. Premiums keep going up and benefits keep going down.
Join me to learn more about Residential Assisted Living at MAREI on January 10th at the meeting and then my workshop on the 14th. Click here to visit the MAREI Calendar to get the details.