EPISODE · Apr 24, 2025 · 9 MIN
I want to buy an LTC policy for my parents
from Preparing For Tomorrow podcast · host Diane Stoddart
We often hear from sons and daughters who want to buy LTC coveeage for a parent. This could be to preserve a family home, to avoid Medicaid, or because they watched their parents care for their own parents for several years. They don't want to go through that again. This works if the parent is still healthy enough to be approved by an insurance company. Different kinds of planning strategies are offered by different companies up to various age limits, and health questions differ as well. We can be pretty certain that Medicaid will be less accomodating in the future. Learn more about that with resources from The Center For LTC Reform View current and projected costs of care where you live here Estimate premiums for 6 year LTC plans here Learn what your state Medicaid program lets you keep today here Schedule a meeting to learn more here
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I want to buy an LTC policy for my parents
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