Long Term Care Insurance Companies
Tag Archives for ltc ins
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 […]
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
2013 Tax Deduction for Buying Long Term Care Insurance
The IRS just announced long term care insurance deduction rates for 2013. The deduction amount for your qualified long term care plan is set each year and is in addition to any state long term care insurance deduction or credit you may be eligible for. Long term care insurance premiums are tax deductible to the […]
Are You On The Hook For Your Parents Nursing Home Bill?
New filial support laws may be used to go after the adult children of nursing home patients to help pay for long term care bills. READ MORE: Are You on the Hook for Mom’s Nursing Home Bill?
A Nursing Home Stay Can Ruin Your Finances
According to research, long term care will cost the average nursing home resident half of their assets. Medicaid pays about $120 billion a year on long term care services for the indigent who are unable to pay for care themselves. READ MORE: A Nursing Home Stay Can Ruin Your Finances
