Tag: health insurance

Healthcare worker with man using walking support

Long-term care is the major uninsured expense for most retirees.  Neither private health insurance nor Medicare covers long-term care expenses, although Medicare provides for care in a skilled nursing facility for up to 100 days following hospitalization.  Long-term care insurance is available in the private market, but less than 5 percent of people purchase plans. …

Photo of a family in the 80s sitting outside

Hard work isn’t always enough. For three decades, two families – the Neumanns and the Stanleys, one White, one Black – fought hard but failed to regain the financial security they had before being laid off from their good manufacturing jobs with benefits.  A powerful and heartbreaking PBS Frontline documentary that aired last week followed them…