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UPS Retirement Topics
Retirement tip
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<blockquote data-quote="Tackleberry" data-source="post: 254844" data-attributes="member: 12076"><p>I'd also recommend looking into some Long Term Care insurance from a reputable company. Medicare doesn't cover nursing home care except for 21 days in the hospital and at a reduced amount up to 90 days a year, or something like that.</p><p></p><p>Be sure that you check out the policy carefully, they vary greatly in what is covered- at home care, lifetime caps, etc. We were able to purchase 250,000 policy for both of us for about a hundred a month. A nursing home can easily cost 80,000 or more a year.</p></blockquote><p></p>
[QUOTE="Tackleberry, post: 254844, member: 12076"] I'd also recommend looking into some Long Term Care insurance from a reputable company. Medicare doesn't cover nursing home care except for 21 days in the hospital and at a reduced amount up to 90 days a year, or something like that. Be sure that you check out the policy carefully, they vary greatly in what is covered- at home care, lifetime caps, etc. We were able to purchase 250,000 policy for both of us for about a hundred a month. A nursing home can easily cost 80,000 or more a year. [/QUOTE]
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