“5 Contentious Reasons the Middle Class Hasn’t Bought Long-Term Care Insurance,” by Chris Adam, AOL
Quote:
“Here’s a look at five reasons the middle class aren’t planning for long-term care insurance.”
LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform:
Click through to see their reasons, but remember this. The real reason most Americans don’t plan for LTC is that Medicaid has paid for most expensive extended care since 1965. For how the system really works to the detriment of early, responsible LTC planning, read the Paragon Health Institute’s “Long-Term Care: The Problem” and “Long-Term Care: The Solution” and watch this “virtual LTC event” featuring age wave visionary Ken Dychtwald and leading LTC researchers. To find ample private funds for LTC, check out “Medicaid’s $100+ Billion Leak.” For what not to do, see “Medi-Cal-amity: California’s Reckless Expansion of Medicaid Long-Term Care to the Affluent.” See also “Better Long-Term Care for Billions Less.” Much more on long-term care here.