Long Term Care Insurance Companies
Category Archives for Premium Costs
How to Avoid the Catastrophic Costs and Effects of Long Term Care
Get a free copy of the Long Term Care Planning book is a book that highlights the potentially devastating cost of long term care and how it is paid for from the perspective of an elder law attorney. Elder law attorneys specialize in legal planning for seniors to help them plan for incapacity or death while […]
Long Term Care A Growing Concern
A recent survey by the SCAN Foundation and the UCLA Center for Health Policy Research indicates that many Americans understand the need for long term care but do not know how expensive long term care services will be paid for. Furthermore, up to 60% o those polled mistakenly believe that Medicare pays for long term […]
Costs Skyrocket for Nursing Home Insurance
The cost of long term care insurance premiums has risen as much as 17% in the last year, so many seniors question whether they really need this expensive long term care coverage. Although statistics indicate that 70% of American seniors will need long term care in retirement, many will be cared for by family members […]
CalPERS Approves Long-Term Care Premium Increase
It’s been no real surprise that many long term care insurance companies have raised their long term care insurance premiums as a result of historically low interest rates and other economic factors beyond their control. Never the less, the industry has been stunned at the recent announcement from CalPERS, the largest state-run long term care […]
Long term care insurance policy costs rising
A combination of historically low interest rates and higher than predicted claims costs have caused many insurance companies to raise premiums on long term care insurance by as much as 40%. MetLife, Prudential, and other long term care insurance companies have exited the market to avoid assuming additional risk. While many seniors understand the risk […]
