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2012 June : Long Term Care Insurance Network

Supreme Court Decision on Medicaid Honors the Past, Protects the Future

By administrator | Jun 30, 2012

Supreme Court Decision on Medicaid Honors the Past, Protects the FutureNews from New America Media: Supreme Court Decision on Medicaid Honors the Past, Protects the Future Posted: Jun 29, 2012 ATLANTA, Ga.—This week’s U.S. Supreme Court decision provides clarity. America won today. Do not be fooled by political spin. States needed to know that current [...]

TEXT-Fitch affirms Northwestern Mutual IFS at ‘AAA’

By administrator | Jun 29, 2012

TEXT-Fitch affirms Northwestern Mutual IFS at ‘AAA’News from Reuters: Link this Share this June 28 – Fitch Ratings has affirmed…………… continues on Reuters … Read the full article . Related News: . .

Long-term care insurance: Your questions answered

By administrator | Jun 28, 2012

Long-term care insurance: Your questions answeredNews from Chicago Tribune: June 26, 2012|By Anya Kamenetz, Tribune Media Services | The Savings Game A column two months ago about long-term care insurance drew many questions from interested readers. I called up Jesse Slome, the executive director of the American Association for Long-Term Care Insurance, to get expert [...]

Long-term care insurance: Your questions answered

By administrator | Jun 27, 2012

Long-term care insurance: Your questions answeredNews from Chicago Tribune: A column two months ago about long-term care insurance drew many questions from interested readers. I called up Jesse Slome, the executive director of the American Association for Long-Term Care Insurance, to get expert answers for some of them. One reader wrote: “I paid long-term care [...]

Are You on the Hook for Mom’s Nursing-Home Bill?

By administrator | Jun 26, 2012

Are You on the Hook for Mom’s Nursing-Home Bill?News from Huffington Post: online.wsj.com: Thought you were immune from your parents’ debts? Not so fast. Twenty-nine states have “filial support” laws that could be used to go after patients’ adult children for unpaid long-term-care bills. Read the whole story at online.wsj.com “; var coords = [-5, [...]

Shared-care insurance gains as option for couples

By administrator | Jun 25, 2012

Shared-care insurance gains as option for couplesNews from Businessweek: By DAVE CARPENTER order a reprint digg this save to del.icio.us continues on Businessweek … Read the full article . Related News: . .

Courtney pushes long-term care bill

By administrator | Jun 23, 2012

Courtney pushes long-term care billNews from TheDay.com: Hartford – U.S. Rep. Joe Courtney, D-2nd District, is reintroducing federal legislation that would create tax deductions and tax credits to help families afford long-term care insurance for the elderly and disabled. The congressman visited the state Capitol complex Friday to unveil details of his bill, the Long-Term [...]

Long-term care crisis looms: insurance industry

By administrator | Jun 21, 2012

Long-term care crisis looms: insurance industryNews from Globe and Mail: It will cost nearly $ 1.2-trillion to provide long-term care to the baby boomers, but current government programs and financing will cover only about half that, says Canada’s life insurance industry. More Related to this Story Rob Carrick The sad end of saving and investing [...]

New Annuity Offers Chronic Care Benefit

By administrator | Jun 20, 2012

New Annuity Offers Chronic Care BenefitNews from LifeHealthPro: Photo credit: Photostock Perhaps the two biggest fears of retirees and pre-retirees are running out of money during retirement and how to fund a major acute health-care event. Recently, the Phoenix Companies, Inc. introduced a new annuity that it contends addresses those concerns in one package. For [...]

The New Big Thing in Long-Term Care Insurance? “Shared Care”

By administrator | Jun 19, 2012

The New Big Thing in Long-Term Care Insurance? “Shared Care”News from Senior Housing News: With costs of long term care mounting for people approaching retirement age, many are wondering how they are going to pay for ongoing costs associated with living in a retirement community or assisted living community.  A relative up-and-comer on the long [...]

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