dcoa

Department of Aging and Community Living
 

DC Agency Top Menu


-A +A
Bookmark and Share

Paying for Long-Term Care

Long-term care can be a huge financial burden on your family, particularly if a family member has to leave his or her job to provide care for you. Knowing the range of possible financing arrangements for long-term care ahead of time lets you avoid the stress of having to make critical life-changing decisions suddenly, with possibly disastrous consequences for both you and your family.

Financial planning for long-term care involves knowing the kind of coverage that is provided through government programs and what costs you will have to pay for yourself. It also involves understanding the range of strategies that can help you afford the costs that are not covered by government programs.