Long Term Care Insurance Companies
Category Archives for Government LTC Plans
Long Term Care A Growing Concern
A recent survey by the SCAN Foundation and the UCLA Center for Health Policy Research indicates that many Americans understand the need for long term care but do not know how expensive long term care services will be paid for. Furthermore, up to 60% o those polled mistakenly believe that Medicare pays for long term […]
CalPERS Board Adopts Long Term Care Insurance Rate Hike
CalPers long term care insurance plan has approved an 85% rate hike for existing policyholders to keep its LTC plan financially viable. In addition, they will create a secondary program with limited benefits designed to cost no more than their current long term care plan. READ MORE
Medicare Settlement Does Not Expand Long Term Care Benefits
In the past, a doctor had to assert that a patient would improve to be eligible for skilled nursing care and rehab through Medicare. Now patients will be eligible for the Medicare benefit even if the care only helps maintain health status, not improve it. Medicare only provides coverage for skilled care for up to […]
Never Too Early to Review Long-Term Care Options
The average cost for a day in a nursing home is well over $220 with an average stay of two and half years. Medicare does not cover long term care expenses including the cost of a nursing home, so how long can you afford to pay $6,000 out-of-pocket for this expensive care? Explore a number […]
CalPERS Approves Long-Term Care Premium Increase
It’s been no real surprise that many long term care insurance companies have raised their long term care insurance premiums as a result of historically low interest rates and other economic factors beyond their control. Never the less, the industry has been stunned at the recent announcement from CalPERS, the largest state-run long term care […]
