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Reverse Mortgages: Looking for Trouble?
Reverse Mortgages: Looking for Trouble?
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Last updated:
03-Mar-2008
By
Stephanie Miles
, Caring.com senior editor
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Here's another idea: fix America's LTC system before it's too late. Give Medicaid back to the poor, put Medicaid planners out of business, and unleash the potential of private financing alternatives like insurance and reverse mortgages. The moral: save, invest and insure all you can, especially for long-term care. Because LTC is what you'll need as Medicare pays less and less for fewer and fewer acute care services just to stay in front of the grim fiscal reaper.