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27: Planning for Long-Term Care, with Matt McCann
Manage episode 336556839 series 2948626
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People are living longer and longer. While generally that's a good thing, it also means that more of us are going to need long-term care – and that can get expensive. What is long-term care? What options are there? And how can we plan for it?
In this episode, Cianna talks with leading LTC expert Matt McCann. McCann is recognized as one of the nation's leading long-term health care specialists, and is the publisher of LTC News.
Mentioned in this episode:
- Consumer focused news & resources: LTCnews.com
- McCann Insurance Services: RadioLTC.com
- Information from U.S. Dept. of Health and Human Services: LongTermCare.gov
- American Association for Long-Term Care Insurance: AALTCI.org
Medical bills are leading cause of bankruptcy
U.S. Dept. of Health and Human Services report shows “70% of adults who survive to age 65 develop severe LTSS needs before they die and 48% receive some paid care over their lifetime”
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