Financial Matters

What is long-term care? Is it part of Retirement Planning?

Long-term care refers to the ongoing
services and support needed by people who have chronic health conditions or
disabilities. There are three levels of long-term care:

Skilled care: Generally round-the-clock care
that’s given by professional health care providers such as nurses, therapists,
or aides under a doctor’s supervision.

Intermediate care: Also provided by
professional health care providers but on a less frequent basis than skilled care.
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