Ltc Insurance

Ltc-insurance News

Jan

Long-term-care insurance: Right for some, but not all - Bangor Daily News

2012-01-25

Long-term-care insurance: Right for some, but not allBangor Daily NewsHer mother, Ruth Mezick, purchased long-term-care, or LTC, insurance in 1990 at age 78 when she was in fairly good health, paying an annual premium of $2827 until she died 11 years later. In her mid-80s, her health began to deteriorate and she spent ...and more »

Feb

House Votes to Kill LTCI Provision of Affordable Care Act - LifeHealthPro

2012-02-02

LifeHealthProHouse Votes to Kill LTCI Provision of Affordable Care ActLifeHealthProCharles Boustany, R-La., would repeal CLASS, or the Community Living Assistance Services and Supports program—a government run voluntary long-term care (LTC) insurance program scored by the Congressional Budget Office as an $80-plus million savings ...and more »

Jan

Even Without the C.L.A.S.S. Act, Maybe It's Time to Look Into Long Term Care - PR Web (press release)

2012-01-23

Even Without the C.L.A.S.S. Act, Maybe It's Time to Look Into Long Term CarePR Web (press release)As a health care provider for the past twenty years, it is Robert Cardona LTC Insurance Solutions Inc.'s sincere desire to assist clients in planning for in-home custodial/hospice care and has received the special training required to market the ...and more »

Jan

TAX TIP: Get Long-Term Care Insurance NOW to Qualify for Deduction Next Year - MarketWatch (press release)

2012-01-26

TAX TIP: Get Long-Term Care Insurance NOW to Qualify for Deduction Next YearMarketWatch (press release)If you don't have LTC insurance, the time to get it is now, when the tax advantage is fresh in your mind, Gott advises, "Then remember to make your claim at tax time next year, and remember to do that again and again, year after year for as long as you ...and more »

Jan

Long-term-care insurance is more expensive than it's worth for some people - Washington Post

2012-01-23

Kaiser Health NewsLong-term-care insurance is more expensive than it's worth for some peopleWashington PostAnd if you are certain you want LTC insurance, the younger you are, the better. Your annual premiums will be smaller, and you have less chance of being denied for health reasons. 3 Know what's covered Find out what services are covered.Calculating A Long-Term Care Policy: Will It Cover Your Needs, Can You Pay For ...Kaiser Health Newsall 4 news articles »

Jan

Should You Buy Long-Term Care Insurance? Maybe Not - Forbes

2012-01-18

Should You Buy Long-Term Care Insurance? Maybe NotForbesBut they also find that private LTC insurance is very expensive relative to its benefits. For instance, Jeff and Amy found that 65-year-old buyers of a typical policy would get back only 68 cents for every dollar they pay in premiums.and more »

Jan

A Medicaid Mess - Barron's

2012-01-14

A Medicaid MessBarron'sConsequently, private-pay insurance for long-term care has declined precipitously, and only 5.4% of Californians age 50-plus have purchased private LTC insurance." He reckons that federal and state governments could save $30 billion a year if Congress ...and more »

Jan

Connecticut OKs LTCI Rate Increases - LifeHealthPro

2012-01-26

Connecticut OKs LTCI Rate IncreasesLifeHealthProMetropolitan Life announced in November 2010 that it would no longer sell new long term care (LTC) insurance policies in either the individual or group markets after the end of 2010. In Connecticut, an insurer asking for permission to increase LTCI ...

Jan

Americans Ignore Need for LTC Planning Despite Knowing More About the Risks

2012-01-10

BOSTON , Jan.10, 2012 /PRNewswire/ -- According to a recent national survey of 1,000 Americans, more know the basics of long-term care (LTC) and LTC insurance than five years ago and a majority believe ...

Jan

Should You Buy Long-Term Care Insurance? Maybe Not

2012-01-18

Private long-term care insurance can be an important tool to protect against the risk of needing costly personal assistance in old age. But two respected financial economists conclude it is very expensive relative to the benefits it provides and may not be appropriate for many buyers. At the same time, a new consumer brief from ...

Jan

TAX TIP: Get Long-Term Care Insurance NOW to Qualify for Deduction Next Year

2012-01-26

KIRKLAND, Wash., Jan. 26, 2012 /PRNewswire/ -- Long-term care insurance is subsidized, in effect, by Uncle Sam. "For many people, a large part of their premium cost is deductible on their federal ...

Jan

Even Without the C.L.A.S.S. Act, Maybe It's Time to Look Into Long Term Care

2012-01-23

Thanks to the now abandoned C.L.A.S.S. Act, long term care insurance is finally making headlining news. Robert Cardona Long Term Care Insurance Solutions Inc. would like to help you identify just some of the benefits of purchasing an LTC policy through the CPLTC.Beaumont, CA (PRWEB) January 23, 2012 Long term care is care that is provided to people with disabilities or chronic illnesses once ...

Jan

Long-term-care insurance offers protection, but it’s not right for everyone

2012-01-23

In the last years of Martin Privot’s life, his family had to start selling his assets to pay for his nursing home costs. “He needed 24-hour care and couldn’t be left alone,” recalls his daughter Toni Footer. “My biggest fear was we would run [through his money] and wouldn’t be able to provide the care that he needed.” Read full article >>

Jan

Long-term-care insurance is more expensive than it’s worth for some people

2012-01-23

1 Determine if you qualify financially Don’t buy if the out-of-pocket cost for the coverage would be more than you can afford. Consumer Reports advises people that if their net worth, excluding their home, is below $300,000, long-term-care insurance is not a good buy for them. The National Association of Insurance Commissioners also recommends that consumers spend no more than 5 percent of their ...

Jan