Long-term care financing

Paper person under an umbrella with Long Term Care Coverage text -- elder care insurance concept
There is little dispute that the cost of long-term services and supports (LTSS) is daunting. The typical cost for care in a nursing home is about $91,250 a year, and the average annual base price for assisted living is $43,200. Few people can accumulate sufficient savings, even over a lifetime , to…
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