Long Term Care: Alternatives For Paying For
Summary
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Alternatives for paying for long term care include:
- Medicaid
- Annuities
- Life Insurance
- Use of other assets
- Medicare does not pay for long term care.
Consider whether family or friends who can take care of you at home can help you avoid, or delay going into a nursing home - possibly under the direction of your doctor with help a few hours a day from a home health aide.
