Wondering about the cost of Long-Term Care? This article from Barron's might help…
Premiums are rising quickly for insurance covering stays in nursing homes and assisted-living facilities. One solution: Combine a policy with some "self insurance."
By CAROLYN T. GEER
It's one of the biggest challenges for today's retirees: how to afford an extended stay in a nursing home or assisted-living facility. With the tab steadily rising, sometimes hitting six digits per year, the solution requires real creativity.
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