Some elders (especially men) may think that if government funds are not available to cover their LTC, their spouses can become their caregivers. But another trend will make that gamble even riskier! Recent research http://www.nytimes.com/2012/03/02/us/more-americans-rejecting-marriage-in-50s-and-beyond.html?scp=1&sq=%22Reject%20Marriage%22&st=cse (New York Times, March 2, 2012) documents the rapidly growing separation/divorce rate among Americans over 50. So if husbands are planning to depend on their wives for care, the odds are growing that their wives will have left them to fend for themselves.
The undeniable fact is that depending on the government or family members to provide LTC is a very bad bet! So what’s the answer? The only sure way to ensure dignity & choice and to avoid emotional/physical stress and financial ruin is to purchase LTCi TODAY.