HIGHLANDS RANCH, Colo. — A Greenwood Village man shared a warning with Steve On Your Side: if you have an older long-term care insurance policy sitting around, be sure to read the terms before you make another payment.
Mitch Gilbert has been caring for his 93-year-old father who has been in a memory care facility. When he took over his father’s finances, he found a Catastrophic Major Medical Care policy from United States Life.
The policy, which his father bought back in 2001, is meant to help cover the cost of convalescent care, which Gilbert assumed would help pay the bill for his father’s memory care bill…