Adding Long-Term Care Insurance Consider offering employees long-term care insurance.
By Jacquelyn Lynn •
Opinions expressed by Entrepreneur contributors are their own.
Because Americans are living longer, many will need some form of long-term care. Unfortunately, the cost of that care can be devastating. The solution is long-term care insurance, which typically pays for nonmedical care that health insurance policies or Medicare generally don't cover.
"Anyone over the age of 50 should plan for long-term care," says Jesse R. Slome, executive director of the American Association for Long-Term Care Insurance.
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