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Financial lessons from my family's experience with long-term care insurance


My experience with my father's long-term care insurance company has not been an easy one. But I've learned quite a few lessons.

Despite the neurologist’s (and my dad’s primary doctor’s) signature on the “Attending Physician’s Statement,” the LTC insurance company sent a contracted nurse to conduct an in-home evaluation. This mostly consisted of someone essentially adult-sitting him to ensure he didn’t do anything dangerous—like leaving the stove on or wandering outside at night—and occasionally reminding him to eat lunch or take a shower. My brother and I hope that, with the financial assistance from our dad’s LTC insurance policy, we can safely help him age in place in the home where he’s comfortable.

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