Welcome to Ask Lacey, an advice column in which accredited financial counselor and MilMo founder Lacey Langford answers your pressing financial questions. Have a question for Lacey? Submit it here. Q.

For Laurie Craigen, the realities of senior medical costs hit hard when her grandmother needed hospice care. “It was a stressful time for the family because we were trying to figure out how to keep ...

Jul. 1—Here is a breakdown of long-term care insurance basics. What is long-term care insurance? Private long-term care insurance helps pay for services that aren't covered by regular health insurance ...

Later this year, Rep. Tom Suozzi (D-N.Y.) will reintroduce his public catastrophic long-term care insurance bill, called the WISH Act. Suozzi is doing all the right things: Looking for Republican ...

The duration and level of long-term care a person may need varies widely and often changes over time, according to the Administration for Community Living (ACL). On average, someone turning 65 in 2020 ...

According to government estimates, 70% of people over the age of 65 will require some form of long-term care and support later in life. Long-term care insurance can help you pay for the costs ...

Washington state became the first state in the nation to enact a publicly funded long-term care program, when the WA Cares Act – a bill aimed at helping residents pay for long-term care – took effect ...

SPOKANE, Wash. – Starting July next year, residents in need of long-term care in Washington will have new options to avoid financial pitfalls while securing additional coverage at a reduced cost.

The November election will be critical in many ways. One significant ballot issue is Initiative 2124, which would remove long-term care options for many people who can’t afford private insurance. The ...