Funding DependencyHow families pay for long-term care
There are 10 ways to fund long-term care. Most families use 2 or 3.
Most families think there are two ways to pay for long-term care: savings or Medicaid. There are actually ten.
Traditional LTC insurance. Hybrid life/LTC. LTC annuities. Medicare (for short skilled stays). Medicaid. Advance Medicaid planning. Crisis planning. VA Aid & Attendance. Private pay. And the home.