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Subject:  Re: Nursing Home Costs Exploding Date:  6/25/2019  6:45 PM
Author:  intercst Number:  94214 of 98503

QuickCarrera writes,

Thanks for sharing the article, intercst. It is very surprising what the median annual costs for nursing homes are across the country. I'll now look at my LTC policy benefit in a different light (now at 15k/mo and compounding annually-had it for years).


I'm glad you purchased an LTC policy that has worked out well for you. Unfortunately, that's uncommon today.

All you hear is complaints about rising premiums and insurance company obstacles on claiming the benefits you've paid for when the time comes.

I continue to believe folks are better off keeping the LTC premium in their own investment accounts and cutting the insurance company out of the process.

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