Imagine two neighbors, who both have Medicare health insurance. One has congestive heart failure and requires a heart transplant. The other has Alzheimer's disease and requires nursing home placement.

Sometimes living alone is no longer safe or practical, but a nursing home feels like too much hands-on care. In these cases, assisted living might be a sensible solution. The staff of these ...

Medicare generally does not cover long-term care, especially when it primarily involves custodial care, which includes assistance with daily living activities like bathing and dressing. Medicare Part ...

As a lawyer, I have exclusively represented long-term care healthcare providers for over ten years. I have gained useful insight into how people plan—or, in many cases, fail to plan—for the ...

Medicare is a federal health insurance program primarily for people aged 65 and older, as well as some younger individuals with disabilities. It consists of different parts that cover hospital stays, ...

It’s overwhelming enough helping your mom get discharged from the hospital after a fall. But what if her doctor doesn’t think it’s safe for her to return home? As you scramble to find somewhere for ...

A legislative proposal, Senate Bill 9082, entitled New York Long Term Care Trust Program, was made in New York to address the issue of long-term care insurance through a mandatory payroll tax. The ...

Dear Carol: My grandmother is living in an apartment that has easy access to senior meals. They have an elevator and other things that make life okay for her. I would like to see her get some help ...

Long-term care insurance can ensure you have the help you need for day-to-day living. There are three main types of long-term care insurance, and which one is best for you will depend on your ...

Christine Benz: Hi, I’m Christine Benz for Morningstar. Carolyn McClanahan will be joining me, along with Jean Chatzky, at the Morningstar Investment Conference in late June. We’ll be discussing ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...