Long Term Care Insurance Companies
Category Archives for Long Term Care
The pros and cons of long-term-care insurance
Since Medicare does not pay for long term care and Medicaid is only available to those with low income and few assets, long term care insurance provides valuable coverage that helps protect your family and your assets from the potentially devastating cost of long term care. Never the less, you need to keep in mind […]
Costs Skyrocket for Nursing Home Insurance
The cost of long term care insurance premiums has risen as much as 17% in the last year, so many seniors question whether they really need this expensive long term care coverage. Although statistics indicate that 70% of American seniors will need long term care in retirement, many will be cared for by family members […]
Life Insurance or Long-Term Care: Make the Right Pick
Life insurance is most often purchased during the working years to manage the risk of losing one’s income due to premature death. Never the less, as the kids leave the nest and mortgages are paid for, we move toward retirement and our needs change; protecting income from premature death is no longer as important as […]
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 […]
Insurers Are Getting Out Of Long Term Care – Is It Time For You To Get In?
As a senior American citizen, you have a number of options when it comes to long term care. By choosing to receive long-term care at home by a trained care giver or nurse, you can avoid moving to a nursing home. The benefits of this are obvious as seniors are more comfortable with their familiar […]
