Are you one of the millions of Americans who made a New Year’s Resolution to plan for long-term care? Have you started it yet?As financially responsible adults, most of us are prepared for some unexpected disasters – we pay for … [Read more...]
Print This PageLong-Term Care Premium Deductibility Limits for 2008
January 7, 2008 by
The Internal Revenue Service has announced the 2008 limitations on the deductibility of long-term care insurance premiums from taxes. Premiums for "qualified" long-term care policies are treated as an unreimbursed medical expense. … [Read more...]
Print This PageWhen is the Best Time to Purchase Long Term Care Insurance?
November 13, 2007 by
If you decide that long-term care insurance is the right decision to protect your assets and your family's financial future, the best time to buy it is now, because the older you get, the more expensive the policy becomes in the … [Read more...]
Print This PageNew Report on The Role of Long-Term Care Insurance
October 5, 2007 by
Private insurance currently plays a small, but potentially important role in financing the long-term care of the elderly in the United States, and some believe it can be a significant element in a restructured long-term care … [Read more...]
Print This PageVirginia’s New Long-Term Care Insurance Partnership
July 8, 2007 by
Virginia's new Long-Term Care Insurance Partnership Program, effective September 1, 2007, will allow consumers to obtain Long-Term Care Insurance as part of a Medicaid Asset Protection Plan. Virginia's Partnership Program allows … [Read more...]
Print This PageWhat is Long-Term Care?
July 8, 2007 by
When a person requires someone else to help with physical or emotional needs over an extended period of time, this is long-term care. This help may be required for many of the activities or needs that healthy, active people take … [Read more...]
Print This PageCost of Home Health Care vs. Other LTC Options
May 15, 2007 by
When it comes to long-term care, which type of care is cheaper? A common misperception among the media and the public is that receiving care at home is less expensive than receiving care at an assisted living facility or a nursing … [Read more...]
Print This PageThings to Remember at Tax Time
April 9, 2007 by
April 17th is approaching and it is time to begin crossing T's and dotting I's in preparation for paying taxes. As tax time draws near, you want to make sure you file all the proper forms and take all deductions you're entitled … [Read more...]
Print This PageNew LTC Insurance Premium Deductibility Limits
December 1, 2006 by
The Internal Revenue Service has announced the 2007 limitations on the deductibility of long-term care insurance premiums from taxes. Premiums for "qualified" (see explanation below) long-term care policies are treated as an … [Read more...]
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