Taking Long-Term Care Into Consideration

PM. Public ManagementVol. 89 Nbr. 5, June 2007

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Summary


Long-term care refers to medical and social support services that assist people who have chronic health problems that affect their ability to perform everyday activities. Of course, retirees considering longterm-care insurance must weigh several factors, including personal financial situation, family medical history, proximity of other family members, age, and ability to pay premiums.

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Taking Long-Term Care Into Consideration

Often, when we are making plans for retirement, we spend a lot of time thinking about the trips we want to take, the extra time we will have to pursue our hobbies and spend with our loved ones,...

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