Long Term Care Insurance Companies
Monthly Archives: November 2012
New Long Term Care Insurance Policies Offer More Options
Americans are living longer than ever before and face the need of paying for expensive long term care at home, in assisted living, or a skilled nursing facility. Unfortunately, the cost of insurance is rising to an average of $2400 per year or more for a couple. Since Medicaid is only available to consumers with […]
What Long Term Care Costs Where You Live
Survey results from a new study conclude that long term care costs in several categories have risen faster than inflation over the past year. At the same time, long term care insurance options are getting more complicated and expensive. The 2012 long term care study provides the local cost for home healthcare, assisted living, and […]
The Real Cost of Long-Term Care: The Toll of Growing Old
The aging of America takes a toll not just on the emotions of the elderly and their families but on their wallets. According to medicare.gov, 9 million Americans over the age of 65 are receiving long-term care of some kind this year. That number will swell to 12 million by 2020. Costs are also rising. […]
VA Aid and Attendance Benefit Helps Pay for Long-Term Care
Long-term medical care, whether in-home or in a nursing home, can be very expensive. The Veterans Administration has programs available to help with long term care. The Veterans Administration Aid and Attendance benefit provides money to low-income veterans and surviving spouses who require daily assistance for necessary activities such as eating, bathing and dressing. READ […]
Preserving a Secure Retirement with Long Term Care Insurance
Allen and Lynda felt they were too young to consider long-term care insurance, but their minds changed when Richard explained that 40 percent of all long-term care claims benefit people under 65. Several months after acquiring their policy, Allen started to forget things. By the beginning of the next school year, he was diagnosed with […]
