Many unaware of long-term care reality

According to the study, 67% of those surveyed underestimated their expected need for long-term care.  Furthermore, 25% of  respondents believed that Medicare would cover the cost, when in truth, Medicare does not cover the cost of custodial care, which is a typical need for long-term care residents.  More information and education about and better options for long-term care are necessary.

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