{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"What are typical exclusions with LTC insurance?","description":"Mike emailed asking about typical exclusions or pre-existing concerns with LTC insurance. LTC insurance is governed by Internal revenue Code (IRC) 7702(b).&amp;nbsp; To be able to offer insurance, companies must adhere to this rule. American Association for LTC insurance (AALTCi) has many resources available on this&amp;nbsp;https:\/\/www.aaltci.org\/long-term-care-insurance\/ You can view both current and projected costs of care where you live at&amp;nbsp;https:\/\/www.carescout.com\/cost-of-care&amp;nbsp; I strongly suggest using a 4 or 5% cost of living factor when checking future costs.&amp;nbsp; I think we'd be lying to ourselves if we believe the costs of care will be lower than that in the future.&amp;nbsp; Baby Boomers are starting to turn 80 this year. Learn how Medicaid works&amp;nbsp; (or doesn't work) in your state at https:\/\/www.elderlawanswers.com\/ Book a quick phone or zoom meeting to ask a question at https:\/\/calendly.com\/diane-p4t\/15min Book an introductory get to know you meeting at https:\/\/calendly.com\/diane-p4t\/30min Schedule an initial no obligation consultation at https:\/\/calendly.com\/diane-p4t\/60min Get ready to Prepare for Tomorrow!!! &amp;nbsp; ","author_name":"Preparing For Tomorrow podcast","author_url":"http:\/\/preparing4tomorrow.com","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/42415385\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/content\/205043535"}