Is Long Term Health Insurance A Good Idea? 
Long-term care insurance is probably not a great choice for the very wealthy or the very poor . The very wealthy can self-insure and the very poor would be strapped by the premiums . But for most of middle America , the very reail probability of needing long-term care at some point in their lives , and the very high cost of that care warrants very serious consideration of having a plan of long-term care a part of their portfolio . Medicare pays very little of the cost . Medicaid pays none of the cost if you have assets . And the stresses placed on family to provide that care when it ca n't be paid for are devastating . Talk to a long-term care insurance professional . And check out `` A Shopper 's Guide to Long-Term Care Insurance '' at WEBSITELINK 