Does Medicare Pay for Long-Term Care? Many People Get It Wrong — and It May Cost Them Later

Does Medicare pay for long-term care? Many people get it wrong — and it may cost them later

A new survey finds 39% of middle-class households incorrectly expect Medicare to cover long-term care, though the program generally does not pay for such expenses, potentially leaving retirees unprepared for significant costs.

Many People Get Medicare's Long-Term Care Coverage Wrong, New Survey Finds

If you're assuming Medicare may pay for your long-term care, here's why you should rethink your strategy. These three other options may help you plan.