News

A significant portion of Americans mistakenly believe that Medicare will cover their long-term care expenses, leaving many ...
Americans are badly misinformed about the basics of long-term care, a point driven home in numerous surveys and studies. One ...
Choosing the right Medicare coverage, deciding whether to buy a long-term-care insurance policy and determining when to claim ...
Medicare is a cornerstone of health insurance for many Americans, yet it falls short in covering long-term care needs. This ...
Some people assume that Medicare will cover long-term care, such as a stay in a nursing home. But in reality, it doesn't cover much long-term care. So if you're planning for yourself, or caring ...
According to a John Hancock national study of long-term care costs, in 2013, the average annual cost of care in the U.S. was $94,170 for a private room in a nursing home ($82,855 for a semi ...
A mix of cost, the safety net of Medicaid, misconceptions, and denial all inhibit further use of long-term care insurance. First, long-term care insurance costs money and is not cheap.
Under original Medicare Part A (hospital insurance) and Part B (medical insurance), you'll typically pay 100% out-of-pocket for most long-term care services that are considered custodial rather ...
Nursing homes, at-home caregivers and access to health care could all take a hit. The One Big Beautiful Bill Act is projected ...
Medicare does not now and never has covered long-term care. Problems tend to arise because there’s so much confusion about long-term care, LTCLTC for short. This Q&A should help clarify ...
Avoiding these pitfalls can help you more effectively navigate Medicare’s moonscape. 1. Medicare covers everything. This is untrue, says Urban Institute’s Richard W. Johnson. “The… ...
The study notes that 45% of Americans believe Medicare will pay for long-term care. However, Medicare doesn’t pay for custodial long-term care services after, at most, a 100-day stay.