Long-Term Care Costs More Than Many Think And, No, Medicare Won’t Pay

Three things are true about long-term care, though many Americans don’t want to believe it: You are very likely to need it in old age. It will cost a lot more than you think. And, no, Medicare won’t pay for it.

Two recent studies help explain how Americans think about the financial aspects of their long-term care needs, and why they are so poorly prepared. But the results also may hold a key to future policy solutions to the challenges of funding personal care in old age.

https://www.forbes.com/sites/howardgleckman/2025/08/19/long-term-care-costs-more-than-many-think-and-no-medicare-wont-pay/