Experts say that only about 10 percent of seniors bought a long-term health care policy and are covered. That could be because its tough to decide whether theyre right for you. As Michelle Andrews explains, they have many moving parts: After a waiting period, they generally pay a set daily benefit for a certain number of years, depending on how much you pay and at what age you start paying in. And, they also tend to be expensive.
READ MORE: Should You Buy A Long Term Care Insurance Policy?
