Long Term Care Insurance Companies
Category Archives for Long Term Care
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 […]
Peace of Mind with Long Term Care Insurance
When Vernon Duckett first heard about long-term care insurance he wasn’t enthusiastic, but his wife, Helen, talked him into it. Recently retired, Vernon, then 65, was healthy and vigorous, as was Helen, 66. But Helen did not want to be a burden on their son, Jeff, or anyone else. As a result, they bought policies […]
VA Aid and Attendance Benefit Helps Pay for Long Term Care
Long term care is expensive and the Veterans Administration (VA) has programs to help low-income veterans and their spouses pay for long term care. Never the less, not all veterans can qualify for this valuable pension benefit since qualifying individuals must have less than $80,000 in assets and their income must meet strict eligibility requirements. […]