In her show on Saturday May 14, 2011 Suze Orman made a series of very positive comments about Long Term Care (LTC) Insurance. Basically she said you need to buy it if you can afford it! She shared her personal experience with LTC needs from her own family. Her mother doesn’t have it and her care is costing almost $20 K per month and several relatives do have it and their out of pocket costs of LTC are totally covered by the plan. Everyone should know that LTC costs are extremely expensive! Almost no one needs a care plan to cover the costs that Suze is paying for her mothers care.
A licensed professional can help you determine if you need LTC insurance, how much you should buy and what it will cost. Talk to your LTC expert.
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Tags: Long Term Care, LTC, LTC Insurance, financing LTC, financing Long term care costs
