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2012 January : Long Term Care Insurance Network

Federal judge may overturn CalPERS care rule

By administrator | Jan 31, 2012

Federal judge may overturn CalPERS care ruleNews from Sacramento Bee: CalPERS refuses to sell its long-term care insurance to the same-sex partners of state workers, on the grounds that federal law doesn’t allow it. Now a judge in Oakland seems ready to overturn that federal ban. Last week, U.S. District Judge Claudia Wilken refused to [...]

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

By administrator | Jan 27, 2012

TAX TIP: Get Long-Term Care Insurance NOW to Qualify for Deduction Next YearNews from Sacramento Bee: 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 tax return,” says Denise Gott, National [...]

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

By administrator | Jan 25, 2012

Long-term-care insurance: Right for some, but not allNews from Bangor Daily News: 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 [...]

Prudential Financial (NYSE:PRU) Pushing Long-Term Policies

By administrator | Jan 24, 2012

Prudential Financial (NYSE:PRU) Pushing Long-Term PoliciesNews from eMoneyDaily: Categories: Finance Posted on 24 January 2012 by Dallas Rayner Prudential Financial (NYSE:PRU) has released new benefits to long-term care insurance customers. Prudential Financial (NYSE:PRU) Pushing Long-Term Policies The insurance major Prudential Financial (NYSE:PRU) has introduced a new policy; a long-term care insurance business which is now [...]

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

By administrator | Jan 23, 2012

Long-term-care insurance is more expensive than it’s worth for some peopleNews from Washington Post: 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 [...]

Long Term Care Insurance State Tax Deduction Guide

By administrator | Jan 21, 2012

Long Term Care Insurance State Tax Deduction GuideNews from Kansas City infoZine: A new online guide reports on state-level tax deductions and tax credits for long term care insurance. Kansas City, MO – infoZine – Long term care insurance premiums may be fully tax deductible for individuals and a growing number of states now offer [...]

National Underwriter Launches New Resource to Guide Clients through Long-Term …

By administrator | Jan 20, 2012

National Underwriter Launches New Resource to Guide Clients through Long-Term …News from Sacramento Bee: NEW YORK, Jan.19, 2012 – /PRNewswire/ – At a time when hands-on, real-world guidance on long-term care issues is needed more than ever, The National Underwriter Company today announced the release of The Advisor’s Guide to Long-Term Care, the latest addition to [...]

What to look for in long term care insurance

By administrator | Jan 19, 2012

What to look for in long term care insuranceNews from Hernando Today: By GARY LEBLANC | Common Sense CaregivingPublished: January 19, 2012 Updated: January 19, 2012 – 12:00 AM Long term care insurance is growing in popularity here in the United States. However, premiums have risen drastically in recent years. The costs of coverage can [...]

The Elder-Care Crapshoot

By administrator | Jan 18, 2012

The Elder-Care CrapshootNews from Smartmoney.com: When Deborah Lanne went looking for live-in care for her ailing, 80-year-old father, she was initially optimistic: His long-term-care insurance policy required that a professional geriatric-care manager conduct an assessment of his needs, devise a comprehensive care plan and update it monthly. But the Beacon Falls, Conn., government worker was [...]

Long-term care needs to be a priority in 2012

By administrator | Jan 16, 2012

Long-term care needs to be a priority in 2012News from Post-Bulletin: By Patti Cullen and Gayle Kvenvold The Dec. 29 editorial in the Post-Bulletin called for “a new state agenda” based on five key goals for the 2012 legislative session. Among them was “find a way to increase funding for the state’s already stressed long-term [...]

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