How long-term care insurance can cut nursing home costs. As Busch pointed out, long-term care insurance can be particularly useful as you plan to cover the cost of a nursing home.

Conversely, there are about 1.8 million individuals who currently receive care in nursing homes. But while in-home care is often covered by a long-term care insurance policy — and while it's a ...

Some people assume that Medicare will cover long-term care, such as a stay in a nursing home. But in reality, it doesn't cover much long-term care. So if you're planning for yourself, or caring ...

The good news: We are living longer. The not-so-good news: That often means increased long-term care costs, as expenses stretch out over more and more years. Still, "the earlier you start planning ...