Long Term Care Insurance Companies
Tag Archives for insurance
Long-Term Care: New Fixes
As long-term-care insurance gets costlier and harder to find, insurers are rolling out other options. We weigh the pros and cons. 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 […]
Is long-term care insurance worth the price?
People are living longer and using more benefits than anticipated. Policies are getting pricier, so does it still make sense to buy long term care insurance? READ MORE
Long-Term-Care Rate Hikes Loom
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%. Learn why long term care insurance is still the best way to protect yourself despite proposed premium increases. READ MORE
Long-term Care Insurance at a Crossroads
New products and health care reform may help the long-term care insurance market out of its doldrums. The observance of “National Long-Term Care Awareness Month” in November came as two major insurance companies retreated from the industry, dramatically shrinking their role in it. READ MORE
Long-term care insurance worries Baby Boomers
Long-term care insurance protects seniors and their families from the rising costs of nursing home and care, but it’s increasingly unprofitable. Millions of aging Baby Boomers face a similar concern. Long-term care insurance is supposed to protect seniors and their families from the soaring costs of nursing home and home-based health care. READ MORE
