"Long-term care costs are completely outside of our health-care system.
Medicaid is a needs-based health-care program, and eligibility requirements to receive long-term care under the program vary from state to state.
"You might think about the average duration of long-term care along with the average costs to build a long-term care fund."
Long-term care insuranceThe middle path involves buying insurance designed to help pay for long-term care.
This can include long-term care insurance or whole life insurance with a long-term care rider.
Persons:
Christine Benz, Morningstar, Spencer Look, CNBC's, SurveyMonkey, Yusuf Abugideiri, Yeske Buie, they'll, Gerika Espinosa, you'd
Organizations:
Medicare, Morningstar, Care Survey, Benz, Medicaid, Centers, Services, American, Aging, Administration for Community, American Association for, Care Insurance, CNBC
Locations:
U.S, Vienna , Virginia, Salt Lake City , Utah