Is Long Term Care Insurance Considered Self Employed Health Insurance?

  1. 61667 POINTS
    Steve Savant
    Syndicated Financial Columnist, Host of the weekly talk show Steve Savant's Money, the Name of the Game, Scottsdale Arizona
    No, long term care insurance is offered by insurance companies to mitigate the cost of assisted living and nursing home care. It pays for ongoing assisted care, generally during the later years of retirement when seniors need some degree of help and assistance in their daily lifestyle as they grow older.
    Answered on August 6, 2013
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