When it comes to purchasing life insurance it is prudent to take a moment to determine the correct amount for your personal situation. Once you have clarity on how much death benefit you need, its time to decide on the product.
Americans spend around $500 billion annually on Long-Term Care, the average length of stay is around three years, and people must spend down their assets to almost nothing before going on Medicaid.
If a Medicare beneficiary does not “join” or “switch” to another MAPD plan, they will automatically be switched back to Original Medicare. Hopefully they are speaking with
someone who can deliver the bad news in a palatable way and explore all available options.
