U.S. Department Of Health And Human Services

Is Long-Term Care Insurance Necessary?More than likely, at some point in your life you will need long-term care...but is insurance necessary?
Money Matters - Father's Day: Long Term Care Insurance According to Genworth Financial’s 2011 Long Term Care survey, the national average annual cost of a semi-private room in a nursing home is $70,000, with it costing over $117,000 here in Massachusetts and in Alaska; the same room goes for $222,000.
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