The Act does hold out a golden apple as a solution for families trying to avoid destitution from nursing home costs. Long-term care insurance is finally being treated the same as Medicaid insurance, deductible for both individuals and employers. Currently, only two percent of nursing home residents receive such insurance benefits. Remember, when you or a loved one is sick enough to have to enter a nursing home, it is probably too late to purchase long-term care insurance. We can help you with these problems.
Planning is the key.
Call us today for a free , one-hour consultation. Earl A. Clairmont is a Certified Public Accountant and Certified Financial Planner.