News Headlines Article

Long-term care — many don’t give it a thought until too late
Sacramento Bee

Until the last five months of her late husband’s long battle with a form of Parkinson’s disease, Bernardine Ford cared for him in their Gold River home with the help of private in-home care providers. But after his disease progressed and his limbs stiffened painfully, she placed him in a small care home that cost $6,500 a month.

Their long-term care insurance policy covered it. In that sense, the Fords were lucky: They were prepared financially for the kind of health crisis that swamps many people’s retirement years.