Medicaid vs. Long-Term Care Insurance: Comparing the Differences

The most commonly utilized and misunderstood aspects of Medicaid are its long-term care benefits. Medicaid is not synonymous with long-term care insurance, but many who plan to rely on it are unaware of this. As a result, they find themselves without the care they really need or desire. Before you “plan” to have Medicaid cover your long-term care needs, it is important to understand its coverage and how it differs from long-term care insurance.

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Original Article Source Credits: Investopedia, https://www.investopedia.com/

Article Written By: Janet Arrowood

Original Article Posted on: 20th August 2020

Link to Original Article: https://www.investopedia.com/articles/05/031005.asp