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Money and Finances
Reply to "Feds, did you buy long term care?"
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[quote=Anonymous]My parent who are in their 80's have it and thank god they continue to be in good health. The downside is they have been paying for LTC for years (30?) and they haven't needed it until recently. It was a really annoying process for my father to qualify and find someone who would come for 2 or 3 hours, he really doesn't need much more. The care givers only need to dress him and help to bath him in the morning and he is fine after that. My dad could move into a assisted living facility and they would cover the cost for him and not for my mother! It is a nice safety net but I'm not convinced, my parents have spent loads of money and they premium went up a few years back. [/quote]
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