Why Do We Need Long Term Care Insurance?

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   David RacichPRO

   Fountain Hills, Arizona

   Most Americans will spend $250,000 in medical bills during retirement; some of that cost is assisted living and nursing home care. The government does have facilities for those who cannot afford to pay for private nursing home care. You should visit a couple facilities and determine if your lifestyle fits the government’s idea of care. That may inspire you to pay for long term care insurance. 
   
   

   Answered on June 13, 2013

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