The Basics
Most people over 65 will need some kind of medical and/or personal care for months or years because of a health issue or the natural decline of eyesight, hearing, strength, balance and mobility that comes with aging. Your path will be unique to you, and based on your preferences and circumstances. Let’s look at the basic questions covered in this section:
- What is long-term care?
- Who needs care?
- How much care will you need?
- Who will provide your care?
- Where can you receive care?
- Who pays for long-term care?
Many people think the phrase “long-term care” refers to an insurance policy. While insurance may be part of your strategy, long-term care encompasses everything from your future medical care and finances, to where you will live and how you will navigate the myriad of legal, family, and social dynamics along the way.
