Texas is famous for everything being bigger, and according to the NY Times, Long Term Care is a looming crisis.
With baby boomers and their parents living longer than ever, few families can count on their own money to go the distance. So while Medicare has drawn more attention in the election campaign, seniors and their families may have even more at stake in the future of Medicaid changes — those proposed, and others already under way.
This sets the stage for a major funding overhaul need in the next few years. One solution for Texas residents is Long Term Care Insurance, and one place to research is the AALTCI. Quotes can also be had from companies that do comparison long term care shopping, like Navigo. When we visited both sites, we found ample resources on the private solutions.
Read the full article here.