Like so many industries, the whole long-term care arena has been affected by the COVID-19 pandemic. Insurance companies, nursing homes, assisted living communities and home care agencies are all experiencing challenges.
If you have planned to purchase long-term care insurance as a key component of your financial plan, don't put it off any longer. Get it now. It will never be less costly and you will never be younger or perhaps healthier. Be one of the lucky ones that have private insurance to be able to afford quality care.
The past year has brought havoc to many. Is home-sharing something you are thinking about? A Golden Girls home-sharing model may be something to explore.