Long Term Care Insurance Companies
Monthly Archives: November 2011
Long Term Care Insurance Gets Boost From Federal Workers
The Federal Long Term Care Insurance Plan added 45,000 people – a notable surge since people don’t like to dwell on why they may eventually need long term care and many mistakenly believe that Medicare will pick up the tab. READ MORE: Long term care insurance gets boost from federal workers
Survey Shows Long Term Care Services Are Increasingly Expensive
A recent survey by the Metlife Mature Market Institute showed that the cost of long term care services continues to climb. In 2011 the cost of long term care rose more quickly than the rate of inflation with the exception of home care services which remained the same as the previous year. READ MORE: Survey […]
Most Americans Don’t Prepare For Long Term Care Planning
A survey by Northwestern Mutual repors that nearly eight out of ten Americans understand the need for long term care planning, yet nearly half don’t know how they will pay for future long term care. Two-thirds of people surveyed believe the cost of long term care services will rise faster than the return on their […]
AARP Joins 50 Groups Opposing Repeal Of The Long Term Care Act
AARP joined more than 50 disability rights grip, unions and other advocates using House and Senate leaders not to repeal the healthcare law’s long term care plan – the CLASS Act. Actuarial reports showed that the CLASS Act long term care plan could not work if it restricted adverse selection by people most likely to […]
Long Term Care Under Pressure As Most State Expect Medicaid Shortfall
Long term care is facing financial pressure in most states with two-thirds of Medicaid directors citing a 50-50 change of funding shortfalls. As a result, 46 states are adopting plans that cut and restrict payments to long term care providers in 2012 and 11 more states will have restrictions on long term care programs and […]
