What Is Suze Orman's Advice On Long Term Care Insurance? 
Suze Orman recommends long-term care insurance , if it fits and one can medically qualify for it . She is currently taking care of her 90-year old mother who refused to letSuze buy long-term care insurance on her when she could have qualified for it . Of course , Suze has the means to keep her mother at home to the tune of about $ 25,000 / month . That 's what 24/7 skilled nursing care costs at this point in time . A facility would cost less , but mom naturally wants to stay home as long as possible . Suze is fortunate to have the means to have that happen . Ironically , Suze waited too long to apply for her own long-term care insurance . In waiting , she developed some type of medical condition that precluded her from qualifying for coverage when she did apply . In virtually all of her commentary on planning for retirement , Suze mentions the need to at least explore the financial prudence of applying for some amount of long-term care insurance . Long-term care insurance is not for everyone . But , everyone should have a plan for being taken care of during late life and insurance might be part of that plan . 