Long Term Care Insurance Companies
Category Archives for Long Term Care
The Unaffordability of Long Term Care
A recent study by the AARP Public Policy Institute concludes that the likelihood of needing long term care in retirement poses a significant challenge for most households. The cost of long term care has risen each of the past five years with annual costs of $40,000-$80,000 that would financially devastate many American families. Since most […]
Long Term Care Insurance Plan Helps Family in Crisis
WCIV-TV | ABC News 4 – Charleston News, Sports, Weather A family in Charleston, South Carolina, explains why it would have been a nightmare if their parents didn’t have long term care insurance. Even though the father never needed this kind of expensive care, the policy allowed their mother to receive good quality care and […]
Financial Planning and Long Term Care
If you were to ask a hundred different people what financial planning meant to them, you would get a hundred different answers. Many think of investing and saving for retirement. Others think of managing assets to create income and leave a legacy. Some may equate financial planning with growth strategies in a bear market and […]
Ignore Long Term Care Planning at Your Peril
There are many reasons American seniors ignore long term care when planning for retirement, but none of them are good reasons. Some seniors mistakenly believe they’re not likely to ever need care even though statistics indicate otherwise. Many mistakenly believe that Medicare will pay for care if they need it although Medicare pays for no […]
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 […]
