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URL:  https://boards.fool.com/the-couple-paid-an-upfront-membership-fee-of-more-34217088.aspx

Subject:  Re: CCRCs that let you stay in your own home Date:  5/27/2019  10:51 AM
Author:  Rayvt Number:  93733 of 95162

The couple paid an upfront membership fee of more than $180,000 — and continue to pay about $1,000 a month — for a plan that’s 90% refundable if they terminate the contract. ... a daily benefit up to $402 to pay in-home caregivers..., with a maximum lifetime benefit of about $1.1 million.

I would worry about the financial viability of the plan and the company standing behind the plan.

Major insurance companies badly underestimated their costs of long-term-care insurance. Is Goodwin House at Home (GHAH) making the same error? How would you know that it isn't?
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