Long Term Care Insurance Companies
Monthly Archives: October 2012
Medicare Settlement Does Not Expand Long Term Care Benefits
In the past, a doctor had to assert that a patient would improve to be eligible for skilled nursing care and rehab through Medicare. Now patients will be eligible for the Medicare benefit even if the care only helps maintain health status, not improve it. Medicare only provides coverage for skilled care for up to […]
Battle of the Long Term Care Insurance Titans
The proverbial silver tsunami is sweeping across America and the need for long term care protection is at an all time high, but the perfect economic storm has brought the long term care insurance business to a near standstill. Just as many Americans are learning to adjust for today’s new economic realities, insurers are scrambling […]
Never Too Early to Review Long-Term Care Options
The average cost for a day in a nursing home is well over $220 with an average stay of two and half years. Medicare does not cover long term care expenses including the cost of a nursing home, so how long can you afford to pay $6,000 out-of-pocket for this expensive care? Explore a number […]
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 […]
The pros and cons of long-term-care insurance
Since Medicare does not pay for long term care and Medicaid is only available to those with low income and few assets, long term care insurance provides valuable coverage that helps protect your family and your assets from the potentially devastating cost of long term care. Never the less, you need to keep in mind […]
