The platonic guardians of retirement advise us to buy long-term care insurance. Protect your family from the devastating costs of nursing homes, they say. You are supposed to start chipping in premiums at a young age like 55, building up equity that covers you much later in life.
(1 month and 25 days ago)
Filed under: Investing For years, long-term care insurance seemed like the ideal solution to one of the biggest concerns of an aging population. But after recent announcements that premiums on existing policies will rise dramatically in coming years, long-term care insurance is rapidly turning into a nightmare for millions of policyholders. Last month, the California Public...
(2 months and 3 days ago)
It’s true that men have always paid more for life insurance then women based simply on the fact that women statistically live longer. A similar pricing structure is about to come to the long-term care insurance industry, only in favor of men this time around, and for the exact same reason. On average, women outlive men by five to seven years. The older we become the greater...
(2 months and 28 days ago)
Suffering long-term care insurance providers are finding new ways to share their pain with customers. Here's how to cope.
(28 days ago)
Filed under: Elder Care, Home Health Care, Nursing Homes, Retirement Homes, Long Term Care Insurance, Retirement Living In the world of insurance products, long-term care insurance is a relative newcomer. It was introduced in the late 1970s, but in recent years, it has become a much more important element of retirement planning thanks to twin rises in health care costs and...
(2 months and 14 days ago)
HARTFORD, Conn. (AP) -- Connecticut lawmakers are considering a new personal income tax credit for premiums paid for long-term care insurance policies.
(18 days ago)
HARTFORD, Conn. (AP) — Connecticut lawmakers are considering a new personal income tax credit for premiums paid for long-term care insurance policies.
(18 days ago)
HARTFORD, Conn. (AP) — A Connecticut legislative committee is not acting on a bill that would have created a new $500 personal income tax credit for premiums paid for long-term care insurance policies.
(17 days ago)
Plaintiffs say the insurer violated Oregon's elder abuse law in how it denied or delayed legitimate claims for long-term care insurance.
(1 month and 19 days ago)
Long-Term Care insurance too expensive? How about short-term care insurance?
(2 months and 7 days ago)
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