Long Term Care Insurance Companies
Tag Archives for insurance
What’s Killing the Long-Term Care Insurance Industry
At a time when the need for long term care protection is an all time high, seniors are not buying long term care insurance and insurance carriers are dropping their long term care coverage. All there are several factors that play into this perfect financial storm, the primary reason for this dilemma is two-fold. First […]
What Does Long-Term Care Cost?
Learn about the variation in long term care costs based on the type and amount of care you need, the provider you use, and where you live. READ MORE
How Nursing Home Stays Ravage Finances
The high costs of long term care in a nursing home will often devastate a senior’s nest egg. With increased longevity, more and more American seniors – as many as 7 out of 10 – will be faced with needing care while in retirement. Many mistakenly believe these expenses are covered by health insurance or […]
Shared Long Term Care Coverage More Couple Friendly
Cost is typically cited as the greatest reason why many forego long term care coverage, so new features that provide shared benefits between spouses may make long term care insurance more affordable. It’s really a simple idea. For example, if each spouse of a married couple has a long term care policy providing 3 years […]
Long Term Care – The Biggest Threat to Your Nest Egg
Many seniors and their financial advisors spend decades building a nest egg for a financially secure retirement. Never the less, a long term care event can devastate a lifetime of savings. Since Medicare does not pay for long term care and Medicaid is only available to those who are low-income and have few assets, most […]