What can I do to insure against long term care costs?

Insurers offer long term care policies and life insurance policies with long term care riders to protect against these costs. However, such policies are not inexpensive and the applicant must pass medical underwriting in order to qualify. Note that long term care insurance that generally provides at least $125 per day of nursing home coverage for at least 2 years with an elimination period (days services are provided before benefits “kick in”) of not more than 1 year will protect the home from a MassHealth lien.