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Reply to "Clueless about whether to buy long term care insurance"
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[quote=Anonymous]The fed LTC contract is rebid every 5-7 years so you are guaranteed to see rate hikes over the next 30 years or so before you need it. If I was going to buy, which I probably won't, I'd get a private policy. Life insurance is similar-- if you can get your own policy instead of fed coverage you should. [/quote]
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