In this AP story, it appears that Senator Kennedy has proposed that working Americans can purchase a long-term care insurance policy from the government. The plan would cost $65/month, and pay (after 5 years) not less than $50/day.
Interesting idea. We'll have to see what comes out of Washington when all is said and done.
Saturday, June 13, 2009
Long-term care insurance via the government
Melinda Gustafson Gervasi is a Madison attorney and author whose current practice focuses on estate planning and probate. She is committed to increasing the public’s understanding of estate planning and probate issues. In 2013 she released her first book, Middle Class Philanthropist where she illustrates how anyone can leave a legacy. Gustafson Gervasi Law Office, LLC, 5555 Odana Rd., Suite 205, Madison, WI 53719
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