You’ve no doubt heard of long-term care insurance for seniors (LTC), and you may have even debated whether or not you should sign up for a plan. While not everyone can afford long-term care insurance, knowing what your options are and what factors influence the cost is important. For many seniors, LTC insurance is appealing. The coverage makes up for gaps that Medicare plans leave open, like nursing home costs and in-home or assisted living care. When paid for on their own, these services quickly add up to tens of thousands of dollars. But seniors living on a fixed income [...]