RE: [TSP_Strategy] Re: Long Term Care Insurance

 

Have a friend who's parents had LTCI for years but had trouble getting the insurance when they needed it. They did in the end but like all insurance companies they don't really want to pay if they can find a loop hole.

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On Apr 28, 2016 11:45 PM, "del brett bretdelman@msn.com [TSP_Strategy]" <TSP_Strategy@yahoogroups.com> wrote:

 

According to the article if you are doing good at age 65 there is a 70% chance you will need nursing home care for 3 to 5 years and if you are lucky its in your 90's.  I guess the

idea behind long term care insurance is to stay out of the nursing home and stay in your house and the help comes there sometimes.    Not sure if it happens often but my mom had help

but the courts forced her to go to a nursing home, didn't know it could happen that way or we would of played their game a little different.  We had a lawyer and mom had a lawyer

and the state had a lawyer and mom got the bill for all 3, biggest rip off ever but she never lost everything and probably lived longer.  Not sure the president could keep his mom

away from the nursing home with everyone against you including doctors, RN's, lawyers, and the judge.

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To: TSP_Strategy@yahoogroups.com
From: TSP_Strategy@yahoogroups.com
Date: Thu, 28 Apr 2016 20:17:46 -0700
Subject: [TSP_Strategy] Re: Long Term Care Insurance

 

Does anyone have the statistics on the percentage of the elderly who require nursing home care?

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Posted by: Gary <tweet_pa@yahoo.com>

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