Is long-term healthcare a good idea?

Is long-term healthcare a good idea?

LTC usually turns into a less-than-ideal investment at some point. The decision to buy is very individualized, and if you happen to use it early, it can be a good investment, because you have paid less premiums upfront and are using the benefits. The longer you take to use a policy, the lower the return on the policy.

See also  Does your health insurance cover you when you travel?