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[quote=Anonymous]This website has a good overview of policies (I am not affiliated with them in any way): https://longtermcareinsurancepartner.com/long-term-care-insurance-companies

Why not start there and see if it makes sense with your finances? Can you self insure? What is your family history and your spouse's? What will happen if you our your spouse suddenly needs care?

I don't see any harm in spending some time looking at policies, then deciding for yourself if it makes sense.

There are policies that offer unlimited benefits still...look at OneAmerica. Personally I would only get unlimited benefits with inflation protection that covers 50% of costs, then self-insure the rest.

A top tier memory care place in DC for a moderate/high care level (which happens pretty quickly unfortunately....) is currently $15k a month. Most are living longer these days, and the risk of cognitive issues goes up the longer you live. That's $180k a year. If only one spouse needs it for 2 years, that's $360,000. Double that if both spouses need it, or if one needs it longer than 2 years. Home health care aides from licensed places are about $32/hour in DC. The costs are insane...[/quote]

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