Women Retirees Underestimate the Coming Long-Term Care Tsunami by Jennifer Lang Financial Services As 1,600 nursing homes face closure in 2021, retirees face retirement unprepared for long-term care not covered by Medicare.
Digital Asset Direct
by
Jennifer Lang Financial Services, LLC
Houston, Texas
|
March 02, 2021 10:05 AM Eastern Standard Time
According to a Genworth study, Americans are unprepared for the skyrocketing cost of long-term care, and expect the government to cover it.
However, Medicare does not cover nursing home care except for limited stays after a hospital admission for only100 days.
70% of people 65 and older will need some kind of long-term care eventually. Who will pay for it and where will the money come from?
Read: Why Buy Long-Term Care Insurance Now
Contact Details
Jennifer Lang Financial Services, LLC.
Jennifer Lang
+1 877-487-8926
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