Who Should Not Get Long Term Care Insurance?

  1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    People who have very few assets and/or income should probably not get long term care insurance. If there are immediate needs that will go unmet because you are concerned about a possible long term care stay in the future, then the cost of long term care insurance may not be worth it. Also, if you may perhaps go on Medicaid in the future, even without needing long term care services, you should not purchase long term care insurance, in most situations.
    Answered on September 29, 2013
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