5 Tips on Deciding Whether to Buy Long-Term Care Insurance
Harry S. Margolis
Key considerations offer a framework for considering whether to purchase long-term care insurance.
Contact Us: 781-705-6400
Contact Us: 781-705-6400
Key considerations offer a framework for considering whether to purchase long-term care insurance.
The Post debunks claim by Mark J. Warshawsky that millionaires are on Medicaid and that long-term care insurance is a reasonable solution.
A discussion of determining the right age and the amount of saving necessary to retire comfortably.
According to CareScout, the national average rate for a private room in a nursing home cost $10,646 per month in 2024 and the national average rate for a semi-private room was $9,277 per month. These amounts are likely higher now.
Lengthening the elimination period can be an effective way of reducing premiums for long-term care insurance
Study models options for public long-term care insurance in Massachusetts as potential alternative to just relying on MassHealth.
Who should plan in advance for the possibility of needing long-term care?
Questions to consider before making an advance long-term care plan
Bankers Life has a reputation for denying long-term care insurance claims, Margolis & Bloom has been successful in challenging denials.
Medicaid is a middle-class benefit, but it should not be the basis of our long-term care system. Both the Netherlands and 2Life Communities offer examples of patient-centered, community-based care.