The cost of long term care has continued to rise leaving many Americans and their families in financial and emotional jeopardy due to their failure to prepare for the risk. In order to create your own long term care plan you will first need to answer the questions:
- How much does care cost?
- How will you will pay if you need care?
The answer to the first question will not only depend on the type and length of care but also where you live. The cost for services varies state to state with some rates far above the national averages.
Find out if your state ranks among the top ten most expensive states for long term care.