Long-term care, such as assisted living facilities or nursing homes, is typically not covered by standard health insurance or Medicare for individuals over 65, creating a potential financial risk that can drain savings, retirement funds, and home equity.

Authors

• Person: Not available Organization: Pax Financial Group
  How Insurance and Risk Management Fit Into Your Financial Plan

Sources

• How Insurance and Risk Management Fit Into Your Financial Plan paxfinancialgroup.com Pax Financial Group via serper

Referenced by nodes (2)

• long-term care concept
• Medicare entity