More than 60 million Medicare beneficiaries are enrolled in either Traditional or Medicare Advantage (MA) plans, all of whom are 65 years and older. More than half (52%) are expected to require long-term care (LTC) at some point in their lives. This can end up costing these individuals and their families many thousands of dollars. The new long-term care benefits added to some Medicare Advantage plans in 2020 may help.
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