Many seniors, at some point, will need to move into a long term care facility. Long-term care can be very expensive and, depending on which area of the country you live, costs can vary from $10,000 to $15,000 per month. Many Americans are surprised to learn that Medicare and most health insurance plans, including Medigap policies, do not cover long-term care. For many, they will be called upon to pay for their own care. To discuss planning for long term care options and to maximize financial resources are two experts with issues affecting seniors: Cathleen Summers is an Elder Law Attorney and Dori Senerchia, a Financial Advisor and Certified Long Term Care Specialist.
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