Anonymous
Post 08/28/2018 09:52     Subject: The Federal Long Term Care Insurance Program (FLTCIP)

Anonymous wrote:Does anyone do this? My family is familiar with car, home and health insurance, but no one in our family has ever done LTC insurance. I'm 47. I'm worried that I'd pay into the scheme and by the time I'm old enough to need it, the company would be out of business, etc. I already have more assets than (I'm guessing) 90% of Americans my age, so it's not likely that I'll ever actually be destitute. (I have over a million in savings.)


IMO, these companies need to be sued for fraud...
Anonymous
Post 08/28/2018 07:22     Subject: The Federal Long Term Care Insurance Program (FLTCIP)

You can also look over on bogleheads lots of debate (and healthy skepticism) there too.
Anonymous
Post 08/27/2018 10:10     Subject: The Federal Long Term Care Insurance Program (FLTCIP)

Anonymous wrote:http://www.dcurbanmom.com/jforum/posts/list/747324.page


OP here-- thanks! seems like it isn't a good option for me.
Anonymous
Post 08/27/2018 10:01     Subject: The Federal Long Term Care Insurance Program (FLTCIP)

Anonymous
Post 08/27/2018 09:40     Subject: The Federal Long Term Care Insurance Program (FLTCIP)

Does anyone do this? My family is familiar with car, home and health insurance, but no one in our family has ever done LTC insurance. I'm 47. I'm worried that I'd pay into the scheme and by the time I'm old enough to need it, the company would be out of business, etc. I already have more assets than (I'm guessing) 90% of Americans my age, so it's not likely that I'll ever actually be destitute. (I have over a million in savings.)