Abstract
The issues of health insurance and health insurance coverage are controversial and politically charged, particularly given individual preferences about national health insurance vs. a private-payer system. The potential necessity for long-term care insurance, however, is not nearly as well-known or discussed. According to the US Department of Health and Human Services, individuals reaching the age of 65 have an approximately 40 percent chance of entering a nursing home and requiring chronic, custodial care. Candidates for long-term care suffer from chronic or disabling conditions that require nursing-home care or other constant supervision. The cost of this care can be expensive—even financially catastrophic—for many individuals and their families.
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© 2018 Keith R. Fevurly
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Fevurly, K.R. (2018). Insuring Your Health and Long-Term Care. In: Plan Your Financial Future. Apress, Berkeley, CA. https://doi.org/10.1007/978-1-4842-3637-6_5
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DOI: https://doi.org/10.1007/978-1-4842-3637-6_5
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Publisher Name: Apress, Berkeley, CA
Print ISBN: 978-1-4842-3636-9
Online ISBN: 978-1-4842-3637-6
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