Category Archives for Long Term Care Costs

The cost of assisted living and nursing care is on the rise. Here’s how you can negotiate better long-term-care rates and amenities. READ MORE: 5 Tips for Negotiating Long-Term-Care Costs

Learn how long-term care costs in nursing homes and assisted living facilities continued to rise last year while in-home care costs did not increase at all and have risen very little in the past six years,y little in the past six years, READ MORE: Cost of Long-Term Care Rises in Institutions, Stays Flat at Home

As long-term-care insurance grows increasingly expensive and harder to get, insurers are stepping into the breach with new life policies and annuities that pay out long-term-care benefits during one’s lifetime. But the new products may be an imperfect substitute. READ MORE: Long-Term Care: New Fixes

Policyholders were stunned when insurer John Hancock announced in September that it would ask state regulators for permission to boost premiums on many of its long-term-care policies by an average of 40%. READ MORE: Long-Term-Care Rate Hikes Loom

One of the nation’s largest providers of long-term care insurance is planning to raise premiums an average of 40% next year –