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2011 September : Long Term Care Insurance Network

More Realize They Face Pricey Long-Term Care

By administrator | Sep 30, 2011

More Realize They Face Pricey Long-Term CareNews from NPR: [4 min 21 sec] Download A new poll by NPR, the Robert Wood Johnson Foundation and the Harvard School of Public Health finds that more people than ever are becoming aware of the likelihood that they will need potentially expensive long-term care health services as they [...]

Heeding warnings: Long-term care plan shelved on experts’ advice

By administrator | Sep 29, 2011

Heeding warnings: Long-term care plan shelved on experts’ adviceNews from Battle Creek Enquirer: How America will pay the bill for long-term care as our population ages is a huge question. But the Community Living Assistance Services and Supports (CLASS) program apparently is not the answer. Last week the Obama administration finally acknowledged as much, heeding [...]

Commentary: Winds of change are blowing in long-term care planning

By administrator | Sep 27, 2011

Commentary: Winds of change are blowing in long-term care planningNews from Bradenton Herald: With 7,900 Baby Boomers turning 65 every day, it comes as no surprise that there is a heightened interest in the area of long term care planning. The older we become, the more we recognize the costs of extended care can wipe [...]

Creation of Federal Long-Term Care Program On Hold

By administrator | Sep 26, 2011

Creation of Federal Long-Term Care Program On HoldNews from Forbes: Since the death of Sen. Ted Kennedy (D-Mass), no-one in Washington has stepped up to champion long-term care.  Image via Wikipedia The Community Living Assistance Services and Supports (CLASS) Act, the national long-term care insurance program included in the 2010 health reform law, is on [...]

Over 45000 Sign Up for Federal Long-term Care Insurance Program

By administrator | Sep 25, 2011

Over 45000 Sign Up for Federal Long-term Care Insurance ProgramNews from Kansas City infoZine: Spouses and same-sex domestic partners signed up during the open season period held earlier this year. Kansas City, MO – infoZine – Over 45,000 federal employees signed up for the Federal Long Term Care Insurance Program (FLTCIP), the nation’s largest group [...]

Too many questions

By administrator | Sep 25, 2011

Too many questionsNews from WatertownDailyTimes.com: Suspend costly health program SATURDAY, SEPTEMBER 24, 2011 A lesser-known aspect of the national health care law has been delayed and may never be implemented as questions continue about the unsustainable costs of a new long-term care insurance program for the disabled and elderly. The Obama administration has reassigned the [...]

Obama Administration Shelves Long-Term Care Insurance Plan For Workers

By administrator | Sep 23, 2011

Obama Administration Shelves Long-Term Care Insurance Plan For WorkersNews from Huffington Post: By RICARDO ALONSO-ZALDIVAR, ASSOCIATED PRESS (AP) WASHINGTON — The Obama administration has shelved a financially troubled long-term care insurance plan. Officials said Thursday the staff has been cut and it’s an “open question” if the program will be implemented. Known as CLASS, the [...]

Long-term-care insurance: Most still don’t buy in

By administrator | Sep 21, 2011

Long-term-care insurance: Most still don’t buy inNews from MarketWatch: By Andrea Coombes, MarketWatch SAN FRANCISCO (MarketWatch) — A growing number of people are aware they may face steep nursing-home and other long-term-care costs as they age, but few are willing to purchase long-term-care insurance, according [...]

Mercer welcomed to Mid-South Office

By administrator | Sep 20, 2011

Mercer welcomed to Mid-South OfficeNews from Forest Blade:    Kim Mercer was welcomed to the Mid-South Office of Genworth Life Insurance Company in Gray, Tenn., by Steve Wilson. She is the newly-appointed long term care insurance specialist for the office, which is the Long Term Care Insurance Division of Genworth Financial.    The Long Term Care [...]

Long Term Care Insurance: Enabling People To Stay at Home

By administrator | Sep 18, 2011

Long Term Care Insurance: Enabling People To Stay at HomeNews from Senior Housing News: American families are faced with an increasingly challenging financial market, with many factors threatening their financial security. The recent economic crisis has injected a new urgency in planning for the future.  Some people are turning to family members or friends for [...]

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