If I have a Long Term Care policy can I use it to pay for assisted living?


What is a Long Term Care policy (LTC) and who should consider having one? Doesn’t Medicare cover everything after 65? Why would you need a LTC policy? Can it be used to cover the cost of a retirement community? Assisted living? What about in home care? Or a nursing home? Watch Szarka Financial’s Senior Financial Planner Mark Stratis, CFP®, discuss these issues with Fox 8 News Anchor Roosevelt Leftwich.