Tag: senior care
An examination of long-term care is good for all of us. As someone trying to become more knowledgeable about long-term care, I was surprised and intrigued by Vice President Harris’ proposal to create a new home care benefit for Medicare beneficiaries. The details of the program are still a little unclear, but it sounds like:…
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. …
