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 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 PageLong-Term Care Insurance: Yes or No?
March 17, 2016 by
Q. Long-term care is a subject we’ve been avoiding for years, but as we are getting older and less able to do things for ourselves due to physical ailments, my wife and I finally sat down to talk about it. At first, long-term care … [Read more...]
Print This PageCritter Corner: Is There a Federal Long-Term Care Insurance Option?
March 16, 2016 by
Dear Commander Bun Bun,I am 58 and still working. I understand that long-term care insurance through insurance companies is expensive, and that there are risks involved. I was wondering if there is government solution to … [Read more...]
Print This PageDid I Read That Right? Rates for Long-Term Care Insurance Rose 9% This Year!
February 27, 2015 by
Q. My wife and I like to plan ahead. Unfortunately, both of her parents and three of her aunts died of Alzheimer's, and we want to make sure we are prepared should one of us need long-term care in the future. We are aware of the … [Read more...]
Print This PageLong-Term Care Insurance- The Good, the Bad, and the Ugly
November 18, 2014 by
November is Long-Term Care Awareness Month, a continuing effort to raise public awareness about long-term care insurance and planning. Statistics show that more than 70% of people age 65 or older will need long-term care sometime … [Read more...]
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