Quote Originally Posted by kygorski View Post
If you are refering to the long care plan, for nursing care, that was a losing situation that was passed to honor T Kennedy, no expected that to work.Naturaly the pubs are calling for private long term care insurance. NPR[sorry Geo thats not on Fox].Greatest scam since liar loans.My mother paid into one for years, when she went into the nursing home, the policy covered 200 bucks a day, plus there was a 100 day exclusion clause, she lived 26 days. those premiums went down the toilet. She didn't want to be a burden on anyone, and she wasn't, especially the insurance company.
It is ALL a joke. I have a buddy who sells long term care insurance. YOU BETTER get a few lawyers involved if you're going to buy that garbage. NOT saying that some of it is not good, but Man, oh man......for the premiums you're going to be paying, you could almost bank that money and generate your own long term care plan.

I don't have the answers, but fly by night companies offering long term care are not it......

Like I said there are some good ones, but there are a TON of exclusions, and most of the plans have coverage limitations. Unfortunately, they are very deceptive when you start comparing them.

Later,

Geo