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2011 October : Long Term Care Insurance Network

White House discontinues long-term care program

By administrator | Oct 31, 2011

White House discontinues long-term care programNews from American Medical News: White House discontinues long-term care program Health and Human Services Secretary Kathleen Sebelius announced on Oct. 14 that the department is suspending its efforts to implement a long-term care program authorized by the health system reform law — a move that will increase the law’s [...]

Demise of Obama long-term care plan leaves gap

By administrator | Oct 30, 2011

Demise of Obama long-term care plan leaves gapNews from Richmond Times Dispatch: The Obama administration’s decision to pull the plug on a financially flawed long-term care insurance plan is likely to worsen a predicament most middle-class families are totally unprepared for. A nursing home can cost more than $ 200 a day, and a home [...]

Medicaid And Long-Term Care: An Unsustainable Union

By administrator | Oct 29, 2011

Medicaid And Long-Term Care: An Unsustainable UnionNews from ThinkProgress: This Kaiser Family Foundation brief about the nation’s ballooning spending on long-term care insurance is particularly pertinent in the aftermath of the administration’s decision to abandon the Affordable Care Act’s CLASS program. To be clear, CLASS was never designed as an alternative to comprehensive insurance — [...]

Long-Term Open Season

By administrator | Oct 28, 2011

Long-Term Open SeasonNews from GovExec.com: As employees and retirees begin to gather information for the upcoming Federal Employees Health Benefits Program open season (which runs from Nov. 14 to Dec. 12), it might be a good time to look back at another open season that occurred earlier this year, involving the Federal Long-Term Care Insurance [...]

Unlike Obamacare, These Long-Term Care Stocks Might Be Affordable: GTIV, FVE, AMED

By administrator | Oct 27, 2011

Unlike Obamacare, These Long-Term Care Stocks Might Be Affordable: GTIV, FVE, AMEDNews from SmallCap Network: The CLASS Act, a key Obamacare provision that would have provided a long-term care insurance entitlement to all Americans, was recently eliminated due to cost considerations – which may have some investors wondering if assisted living or long-term care stocks [...]

Long-Term Care Costs Rise at Faster Pace, MetLife Says

By administrator | Oct 26, 2011

Long-Term Care Costs Rise at Faster Pace, MetLife SaysNews from BusinessWeek:October 26, 2011, 8:20 AM EDT By Maryellen Tighe (Corrects to show Limra is based in Windsor, Connecticut, in fifth paragraph of story published Oct. 25.) Oct. 25 (Bloomberg) — U.S. long-term health-care costs rose as much as 5.6 percent this year, led by assisted-living [...]

US Long-Term Health Costs Rise at Faster Pace, MetLife Reports

By administrator | Oct 25, 2011

US Long-Term Health Costs Rise at Faster Pace, MetLife ReportsNews from BusinessWeek:October 25, 2011, 3:05 PM EDT By Maryellen Tighe Oct. 25 (Bloomberg) — U.S. long-term health-care costs rose as much as 5.6 percent this year, led by assisted-living expenses, and are climbing at a steeper rate during a weak economy, MetLife Inc. said. The [...]

AGING AMERICA: Long-term care can bankrupt an average family, yet few carry …

By administrator | Oct 24, 2011

AGING AMERICA: Long-term care can bankrupt an average family, yet few carry …News from Washington Post: By Associated Press, WASHINGTON — It’s the one major health expense for which nearly all Americans are uninsured. The dilemma of paying for long-term care is likely to worsen now that the Obama administration pulled the plug on a [...]

Long-term care plan remains uncertain

By administrator | Oct 23, 2011

Long-term care plan remains uncertainNews from Altoona Mirror: WASHINGTON – The White House recently appeared to waffle on the fate of a financially troubled long-term care program in President Barack Obama’s health overhaul law, as supporters and foes heaped criticism on the administration. At stake is the CLASS Act, a major new program intended to [...]

Best Age to Buy Long-Term Care Insurance?

By administrator | Oct 22, 2011

Best Age to Buy Long-Term Care Insurance?News from Fox Business: For many people younger than 50, long-term care insurance seems like something to defer to the future. “Most people won’t ask about long-term care insurance at 45 — it won’t be on their radar,” says Rich Arzaga, a CFP, founder and CEO of Cornerstone Wealth [...]

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