Originally published Sunday, December 23, 2007 at 12:00 AM
Financial housekeeping
Where to get answers on long-term-care coverage
A key issue facing many consumers is whether to pursue long-term-care protection. Frequently, consumers are dealing with this issue in connection...
Syndicated columnist
A key issue facing many consumers is whether to pursue long-term-care protection. Frequently, consumers are dealing with this issue in connection with their parents, but at a time when they are also reaching an age where they can buy coverage cheaply.
Most experts suggest that long-term-care coverage is right for a certain niche of the population — those with sufficient assets to avoid Medicaid but not enough money to simply pay for care on their own.
But they note that terms and conditions and circumstances vary from one person to the next.
With that in mind, Kiplinger's Personal Finance magazine has created the "Long-Term Care Center" — a comprehensive, independent information site that does a good job answering virtually all questions associated with care coverage, from costs to Medicaid planning and more.
You can get to the site at kiplinger.com/yourretirement/longterm.
Copyright © 2007 The Seattle Times Company
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