Long Term Care Insurance Companies
Author Archives: Jackson Kevin
Most Americans Don’t Prepare For Long Term Care Planning
A survey by Northwestern Mutual repors that nearly eight out of ten Americans understand the need for long term care planning, yet nearly half don’t know how they will pay for future long term care. Two-thirds of people surveyed believe the cost of long term care services will rise faster than the return on their […]
AARP Joins 50 Groups Opposing Repeal Of The Long Term Care Act
AARP joined more than 50 disability rights grip, unions and other advocates using House and Senate leaders not to repeal the healthcare law’s long term care plan – the CLASS Act. Actuarial reports showed that the CLASS Act long term care plan could not work if it restricted adverse selection by people most likely to […]
Long Term Care Under Pressure As Most State Expect Medicaid Shortfall
Long term care is facing financial pressure in most states with two-thirds of Medicaid directors citing a 50-50 change of funding shortfalls. As a result, 46 states are adopting plans that cut and restrict payments to long term care providers in 2012 and 11 more states will have restrictions on long term care programs and […]
States Have A Medicaid Problem. Medicaid Has A Long Term Care Problem
According to a brief by the Kaiser Family Foundation, six percent of Medicaid enrollees account for nearly half of Medicaid’s spending. The average long term care beneficiary costs Medicaid over $43,000 a year. READ MORE: States have a Medicaid problem. Medicaid has a long-term care problem.
Long Term Care Costs Rise At Faster Pace
U.S. long-term health-care costs rose as much as 5.6 percent this year, led by assisted-living expenses, and are climbing at a steeper rate during a weak economy. READ MORE: Long-Term Care Costs Rise at Faster Pace, MetLife Says
