Planning for your future health care costs can be a daunting task. But a long term care event can happen at any time, and the financial and emotional strain that comes with it can have an impact on you and your loved ones. By educating yourself about long term care now, you’re better prepared to make care choices in the future. One of the most important parts of planning for long term care is figuring out how to pay for it.

You may already be aware of what long term care is, whether it's through personal experience caregiving for a loved one who needs daily assistance, or knowing a family member or friend who requires more support as they age. As you learn more about long term care, consider the possibility that you may need this type of care in the future and start planning for it today.

In today’s world, planning is essential. People are living longer and need a long-range care plan that can sustain them throughout their lifetime.

In a proposed rule submitted to the Federal Register on July 20, the Office of Personnel Management implements provisions within the FY 2020 National Defense Authorization Act (FY 2020 NDAA) that ensure the continuation of certain federal benefits and services in the event of a lapse in appropriations. The FY 2020 NDAA names certain Federal Employees Health Benefits (FEHB) Program and Federal Employees' Group Life Insurance (FEGLI) services as emergency services under the Antideficiency Act.

No matter your stage of life, it’s always a good idea to have a long-range health plan in place. One thing to keep in mind is coverage for any potential long term care needs.