Sunset Stories

Is Long-Term Care Insurance Right for You?

Posted by Gayle Young on Feb 22, 2019 11:00:00 AM

By 2020, the national average cost for a private room in a nursing home is projected to be approximately $9,000 per month. At that rate, an extended stay in a long-term care facility could drain a person’s savings in a hurry. There are insurance products that help pay long-term care costs. But premiums can be expensive, and the policies often limit the types of care covered.

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Topics: Long-term Care, Planning, Senior Care Terms, Senior Living, Aging, Assisted Living, Long-Term Care Insurance