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2024-05-25 23:02:05

The High Cost of Long-Term Care and the Unpreparedness of U.S. Seniors on Nostr: The High Cost of Long-Term Care and the Struggle to Find Workers in the Industry ...

The High Cost of Long-Term Care and the Struggle to Find Workers in the Industry
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#49dc145f ver:0.08

As retirement approaches, integrating critical illness insurance into your healthcare portfolio can provide financial protection for debilitating illnesses like cancer and heart disease. Long-term care costs are rising, but innovative annuities and life insurance with LTC riders offer promising solutions. The social safety net should be restructured to encourage responsible planning for long-term care, utilizing retirement savings and home equity. Now is an opportune time to consider purchasing long-term care insurance, as premiums have gone down. The long-term care industry is struggling with labor shortages, impacting the quality of care. It's crucial for seniors to start planning for long-term care and explore available options for financial and healthcare security....

#newstr #LongtermCare #Healthcare #Medicare #Medicaid #CriticalIllnessInsurance #RetirementPlanning #LaborShortages

https://here.news/story/49dc145f?ver=0.08
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