Many incorrectly think Medicare pays for LTC, survey shows

More than half of respondents to a Bankers Life and Casualty survey said they expect to rely on Medicare to pay for their long-term-care needs, even though the program usually won’t pay for care in nursing homes or assisted-living facilities. Only 13% reported that they own private long-term-care insurance. National Underwriter Life & Health (8/28)

Last Updated 11/25/2020

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