The average monthly cost for assisted living has risen 5%, which might drive some seniors to consider other, more economical options when it comes to long-term care, according to the 2012 American Association for Long-Term Care Insurance (AALTCI) Sourcebook. Assisted living costs an average of $3,350, reports the association, but despite the increase, more people have […]
American Association for Long Term Care Insurance
Long-term care insurance policy holders are much more likely to use a claim on their policy for at-home care rather than go directly into a nursing home, according to a study by the American Association for Long Term Care Insurance, and the insurance product has become a protection against nursing homes. In 2011, half of […]