Women Retirees Underestimate the Coming Long-Term Care Tsunami by Jennifer Lang Financial Services | News Direct

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

facebook icon linkedin icon twitter icon pinterest icon email icon 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



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