What Would It Take to Permanently Cover Long-Term Care Insurance Premiums?
A long-term care policy does not just protect against a future care bill. It also creates a premium bill that may have to be paid for decades. A healthy 55-year-old buying meaningful inflation protection can face annual premiums in the low-to-mid thousands, and a 55-year-old couple can easily cross $5,000 combined. The planning question is:... What Would It Take to Permanently Cover Long-Term Care Insurance Premiums?