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Long Term Care: Alternatives For Paying For

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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.
  • The CLASS Act (in the future).

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.


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