Chapter 2  
FINANCING LONG TERM CARE EXPENSES

The important points addressed in this lesson are:

three methods to finance long-term care needs: self-funding, insurance and government programs
use of life insurance to fund long-term care needs
Medicare system's coverage of long-term care expenses
Medicaid's eligibility rules for coverage of nursing home and other long-term care costs
methods to qualify for Medicaid coverage of long-term care expenses


Self-Funding Long-Term Care
Medicare & Medicare Supplements
Medicaid
Summary of Funding Methods
Chapter 2 Review Questions