Message Font: Serif | Sans-Serif
No. of Recommendations: 3
Jasmada sez:

<<...most long term care is custodial in nature...>>

Oh really? Maybe it is in your view, but that largely depends on how you define LTC. By most LTC definitions, though, that remark is totally inaccurate and another misleading datum fostered by the industry. The truth is most LTC is for assistance in one or more of the ADLs and IADLs provided at home on a far less than 24-hour basis. Indeed, much of it comes through help in transportation, housework, cooking and bathing. In many other respects, the recipient is independent, and often ineligible for benefits due to tight trigger points in many LTC policies. If you truly think otherwise, then may I suggest you read the literature starting with that I cited in the column.

Note that I am not suggesting people forego LTC insurance. As I have said repeatedly, that's a personal decision. Recognize, though, that LTC is a broad definition and does not mean custodial care only. Your hype demeans your arguments, some of which are valid yet denigrated by your blind passion. Tone down the tenor of your remarks and perhaps you will be heard more clearly.

Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.