There is a very good article in the New York Times on long-term care insurance.
The article is largely in a question and answer format. It is non-technical and there are many comments and questions from readers that should prove very useful to anyone taking a look at long-term care insurance products for themselves or for a family member.
There are good, basic questions such as "why should I buy long-term care insurance" and "don't Medicare and Medicaid cover long-term care?"
Long-term care expenses and retiree healthcare expenses in general are huge issues in retirement finances.
That said, these prominent risks do not always receive adequate attention from financial advisors and the financial media.
Source: New York Times
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