Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Life Health > Long-Term Care Planning

Long-Term Care Uncertainty is a Growing Issue (L.A. Times)

X
Your article was successfully shared with the contacts you provided.

For Americans 65 and older, the cost of long-term care is one of the biggest financial uncertainties they’re facing. Many seniors receive a shock upon finding out that Medicare won’t cover their nursing home bills. Some are applying for Medicaid to get help, and advocacy organizations are now working with seniors and lawyers to find ways to help struggling seniors qualify, like giving away their money to relatives.