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“’Not covered’…the two most dreaded words in the Medicare lexicon.”

If you’re banking on Medicare picking up your long-term-care expenses, think again. Truth is, the only time Medicare pays for long-term care is when your doctor says you need skilled-nursing after a three-day-plus hospitalization. That can put you, and your hard-won retirement savings, on the hook for some pretty hefty expenses, for instance for nursing-home care, or home-health care. Here’s more about the problem and how you might want to address it:




“Think you can get by without long-term care services?”

According to a 2002 AARP study, four out of ten people turning age 65 may use a nursing home at some time in their lives.

Who pays?
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What is TLC insurance?
Choosing a policy


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This information is not intended to be tax or legal advice. ING does not offer tax or legal advice. Consult your own legal or tax advisor regarding your specific situation.
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