There are three fundamental ways to meet your long-term care needs. Long-term care costs can be covered by long-term care insurance of by qualifying for Medicaid. Self-insuring is typically the other option. If you are interested in going down the self-insurance path, you'll need to save the appropriate amount of money to meet your long-term care needs.
Insurance products are offered through Bangor Insurance, a division of Bangor Savings Bank.