Your Health, Your Wealth: Seven Steps to Planning Ahead for Long-Term Care

Denise Michaud, CLTC, Independent Insurance Broker

Most people used to rely upon family for their long-term care. In the 1960s, insurance for nursing home and home care was developed, later called LTC insurance, to provide funds for professional caregivers. Over time there have been many changes to LTC insurance, and new types of products have been introduced. Learn how to decide how much LTC insurance to buy versus relying upon your own assets, your family members or MediCal.