Op-ed: How to navigate premium increases for long-term care insurance
Supporting aging parents is an extremely difficult situation that comes with both emotional and financial complications.
The cost of long-term care insurance is a prime example.
This insurance, essential for covering costs not typically included in standard health insurance or Medicare, such as nursing home stays or in-home support, can be a financial lifeline. However, it’s not without challenges, especially when faced with an unexpected premium increase.