About 1 in 7 Americans will spend at least $100,000 out of pocket for long-term care. Health insurance generally doesn't cover long-term care services, and Medicare doesn't cover most expenses. Not ...
For many Americans, finding affordable long-term care is a challenge. Still, around 7 in 10 individuals will need that care at some point. One congressman wants to create a federal program to help ...
Forbes contributors publish independent expert analyses and insights. John Samuels is the Founder/CEO of Wellworth healthcare advisory firm. Time is running out to prepare for America’s caregiving ...
Over the past few decades, the expenses associated with extended medical care, assisted living and nursing home facilities have surged. According to data from Genworth, the average cost of a private ...
If you think you’ve saved enough for retirement, you may not be thinking about long-term care. The long-term care industry serves people who cannot perform everyday activities, like dressing or eating ...
We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is a former senior insurance editor for Investopedia. He oversaw the strategy ...