#12 Long Term Care Questions | Scarcity and Branding | Who should get insurance commissions ?
Financial Foursight
English - August 29, 2019 20:58 - 33 minutes - 77.3 MB - ★★★★★ - 5 ratingsInvesting Business Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
In today's episode we tackle Long Term Care (LTC) Insurance and the big misunderstanding that are associated with the products. The advances and changes to what's in the marketplace. Why it's important whether it's for you or a family member. The actual amount of most US retirees will spend on LTC. The issues with relying on Medicaid to provide care.
https://www.ltctree.com/activities-of-daily-living-and-long-term-care-insurance/
https://www.genworth.com/aging-and-you/finances/cost-of-care.html
http://coulsonelderlaw.com/understanding-medicaid-lookback-transfer-penalty-rules/
Isaiah's Tweet of the Week - https://twitter.com/danielcrosby/status/1157024372160380928
Finally, Colin brings up a great point on insurance commissions that sparks a debate on how and where those funds should go.