Seventy percent of people will need long-term care during their lifetime, and it’s catastrophically expensive! If you like to plan in advance, you may have considered long-term care (LTC) insurance as an option, and if you work … [Read more...]
Print This PageAre Changes on the Horizon for Long-Term Care Insurance?
August 18, 2020 by
As we get older, many of us will need long-term care. In fact, the statistic hasn’t changed — 70% of Americans 65 and over will need some type of long-term care in their lifetime. This could mean a nursing home stay, home … [Read more...]
Print This PageNew Resource Will Help Consumers Connect With LTC Insurers
August 16, 2018 by
Since 1990, nearly 10 million Americans have purchased a long-term care insurance policy. Unfortunately, when the policies were needed 15-20 years later, many of these people (or their adult children) couldn't find the copies of … [Read more...]
Print This PageLong-Term Care Insurance: That Wasn’t Supposed to Happen!
June 29, 2018 by
Q. When my mom was in her 50's, long-term care insurance seemed like a great idea. She bought a policy while she and my father were still relatively healthy, paid their monthly premiums on time every month, and in return they … [Read more...]
Print This PageWhat Happens When a Long-Term Care Insurer Goes Belly Up?
August 18, 2017 by
Q. My husband and I are seriously considering long-term care insurance. I read recently, however, that Penn Treaty is facing liquidation, and health insurers across the country are on the hook for hundreds of millions of dollars … [Read more...]
Print This PageCost of Long-Term Care Insurance is Increasing. . . Even More than Before!
February 11, 2017 by
Q. Our neighbors are both retired Federal employees. Recently, when we had dinner with them, the topic of long-term care insurance came up, and they told us about a huge rate increase last year. Now, they are paying MORE THAN … [Read more...]
Print This PageThe Death of Long-Term Care Insurance?
November 22, 2016 by
Maureen’s husband is retiring within the next few years, and her family is now planning in advance for long-term care, in case the need should arise in the future. Recently, in doing some research on long-term care insurance, … [Read more...]
Print This PageHuge Rate Hike for Federal Government Long-Term Care Insurance Policies
August 5, 2016 by
Q. My husband and I are both retired Federal employees and recently received letters in the mail from Long-Term Care Partners about our Federal Long-Term Care Insurance Program. It referenced a rate increase, and asked that we … [Read more...]
Print This PageCritter Corner: The Lapsing of Long-Term Care Insurance Policies and Dementia
August 4, 2016 by
Dear Commander Bun Bun,My grandmother had a long-term care insurance policy, which I know she was paying a lot for. However, she has dementia, and let it lapse. I’m sure this happens all the time, and it’s scary because now is … [Read more...]
Print This PageCritter Corner: Should I Get Long-Term Care Insurance?
June 9, 2016 by
Dear Baxter,My neighbor is an insurance agent who keeps bothering me about long-term care insurance. I try to avoid her, but lately it hasn’t been working. To help me make an educated decision, can you provide some reasons I … [Read more...]
Print This Page
