[LadyBuckeye]

In response to those that said they would rather use what assets they have for any long term care and when all the money runs out Medicaid kicks in. That's fine if you don't mind moving out of your 5 star facility into a 2 star or lower facility. The smell alone will make you sick.

This happened to my mother and I fought very hard to find a clean, well run facility that would take her monthly social security income and balance for care from Medicaid.

I was very concerned for myself and purchased a LTC policy with State Farm 20 years ago never thinking I would need it. I am currently in an Assisted Living Senior Living Community and my fee is $4650 per month for a one bedroom. State Farm LTC pays all but $979.00. When in a nursing home it pays 100%. The community is across the US called Spectrum Senior Living and is rated 5 stars from my own experience.

So, don't forget the old saying, "You get what you pay for."