March 16, 2007, Newsletter Issue #96: Medicare Covers Everything --- Right?

Tip of the Week

Long term care can break a pocketbook, especially if you do not plan appropriately. Now, you are asking, what about Medicare. It covers everything.

WRONG!!!

Medicare does not cover long term care.

Now, you are wondering --- how to pay for long term care.

I recommend meeting with your insurance company, discussing long term care. Also, meet with your loved one to find out what assets are available, along with insurance policies, and to discuss how to pay for the long term care.

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Byron White