Long Term Care Insurance Companies
Tag Archives for premiums
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 […]
Premium hikes loom for long-term care insurance
One of the nation’s largest providers of long-term care insurance is planning to raise premiums an average of 40% next year: a move that revives the longstanding question of whether the pitfalls of buying a long-term care policy outweigh the payoffs. One of the nation’s largest providers of long-term care insurance is planning to raise […]
Deducting Long-Term Care Premiums
The rules for writing off long term care insurance premiums based on a sliding age scale. You can take advantage of this write-off if you itemize and your expenses exceed a certain amount. READ MORE
