Things to Know When Choosing Between a Long-Term Care Policy and an Insurance Rider

Things to Know When Choosing Between a Long-Term Care Policy and an Insurance Rider
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Mike Valles
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Preparing for the possibility of needing long-term care is something everyone should think about before reaching retirement age. Medicare does not cover it, and Medicaid only pays after you have spent down your assets to a minimum.

About 70 percent of 65-year-olds, NerdWallet says, will need some long-term care services. Women usually need longer coverage than men because they live longer.
Mike Valles
Mike Valles
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Mike Valles has been a freelance writer for many years and focuses on personal finance articles. He writes articles and blog posts for companies and lenders of all sizes and seeks to provide quality information that is up-to-date and easy to understand.
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