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question everything

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5. I have 5% inflation protection and this may have contributed to the raise

Reply to sinkingfeeling (Reply #1)

Tue Apr 4, 2017, 10:13 PM

Apr 2017

When I first got it I took the best parameters - for 10 years, 30 days elimination period and it seems that the cost of nursing homes and assisted living keep getting higher. I think that once we, the baby boomers, start moving to nursing homes and assisted living there will be a shortage and with the good ol' supply and demand, well..

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Just get a notification about new rates for my Long-Term Health Insurance [View all] question everything Apr 2017 OP

I've had my policy for over 30 years with no rate increases. The payout sinkingfeeling Apr 2017 #1

I have 5% inflation protection and this may have contributed to the raise question everything Apr 2017 #5

You have to watch out for the payout, though csziggy Apr 2017 #6

I know. My mother spent the last 2 years of her life in assisted living/nursing sinkingfeeling Apr 2017 #7

if I may ask a delicate question... dixiegrrrrl Apr 2017 #2

I think the OP is talking about Long Term CARE insurance. marybourg Apr 2017 #3

Yes, I am. And certainly Medicare is a good example of how many can be covered question everything Apr 2017 #4