In the News

Title

Long-term care: Beware of what Medicare, Medicaid does not cover

Document Type

Article

Publication Date

6-24-2017

Abstract

According to RICP’s 2017 Retirement Literacy Survey, 70 percent of people age 65 and older will need long-term care (LTC) at some point in their lives. And the 82 percent of respondents that feel they will not need LTC may not understand the devastating impact a critical illness can have on both their financial future and their family.