Families often use savings and home equity through a reverse mortgage to pay for private care. Provided certain requirements are met, life insurance policies may be converted to cash and used for homecare.
Long-term care insurance is becoming an increasingly popular way for individuals to prepare for the eventual need for long term care. Many private long term policies cover personal care and other homecare services.
If you are a Veteran and qualify for VIP , the services you receive will depend on your circumstances and your health needs. These services may include, but are not limited to the following:
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