Urgent Warning: Most Americans Misunderstand Medicare’s Long-Term Care Coverage, Face Staggering Costs
Urgent Warning: Most Americans Misunderstand Medicare’s Long-Term Care Coverage, Face Staggering Costs A critical misunderstanding among millions of Americans regarding Medicare’s coverage of long-term care is raising alarms among retirement experts. Despite the widespread belief that Medicare will cover the extensive daily assistance many seniors eventually require, it fundamentally does not. This pervasive misconception leaves countless individuals unprepared for the potentially staggering costs associated with aging. Long-term care encompasses services like bathing, dressing, and eating assistance, which over 80% of…