I also bought a LTC insurance policy some years ago. Trying to be prudent, you know. I feel like all that money I’ve put into it is wasted because the government is going to take over longterm care anyway and, in effect, determine my “benefits” regardless of what I’ve paid for for many years.
This is really starting to feel like a tipping point has been reached.
And the President out there openly mocking and deriding, not even just his political opponents (which would be bad enough), but actually the American people. There are no words for this.
Don’t be so quick to drop your coverage: The Class Act covers about $75 per day and does not include Inflation Protection.
What will $75 buy you in 25 years? Ear plugs?