- Long-Term Care Insurance
When I discussed Medicare a couple of weeks ago, you may have noticed that I didn’t cover long-term care. In general, people who require long-term care are not sick in the traditional sense; instead, they are unable to perform the basic activities of daily living (ADLs), such as bathing, dressing, eating, toileting, getting in and out bed, eating, and walking.
Here are some eye-opening statistics from the Long Term Care Insurance National Advisory Center:
- A Medicare Primer
Understanding Medicare can be quite a task. I’m going to briefly explain the basics, as well as what some of the new changes will mean. Most of this information is from Medicare.gov, which is an excellent, but often overwhelming, resource.