Long-term care costs are largely uncovered by Medicare and most private or group health insurance plans. With the cost of long-term care averaging $61,116 per year for a semi-private room in a nursing home, it is important for families to understand their options for coverage.  It is estimated that 50% of individuals will need long-term care coverage at some point in their lifetime. Those who reach retirement without a plan for covering these expenses may lose not only their financial assets, but choices for care and independence. Learn: Four common misconceptions about long-term care; Why people fail to plan financially; Your options for funding long-term care; and Types and levels of care available. This class is presented by the UVA Community Credit Union for educational purposes only. No sales presentation will be made.