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2013 December : Long Term Care Insurance Network

Money Power: Tips help you through claims process for long-term care policy

By administrator | Dec 29, 2013

Money Power: Tips help you through claims process for long-term care policyNews from Tulsa World: A long-term-care insurance policy can help cover the costs of care in a nursing home, an assisted-living facility or at home. Follow these steps, and you’re more likely to get through the claims process smoothly. 1. Find out what triggers [...]

Retirement: Getting a long-term-care insurer to pay up

By administrator | Dec 25, 2013

Retirement: Getting a long-term-care insurer to pay upNews from Chicago Tribune: By Kimberly Lankford Kiplinger’s Money Power 4:30 a.m. CST, December 24, 2013 Kiplinger’s Personal Finance A long-term-care insurance policy can help cover the costs of care in a nursing home, an assisted-living facility or at home. Follow these steps, and you’re more likely to [...]

Dollars and sense: Thinking about long-term care coverage

By administrator | Dec 23, 2013

Dollars and sense: Thinking about long-term care coverageNews from Hopkinton Crier: One of the greatest challenges when it comes to planning for retirement is trying to predict future healthcare expenses. Additionally, many people are living longer – well into their 80s or 90s – which makes the need for long-term care increasingly likely for many [...]

Why you may need to think about long-term care coverage

By administrator | Dec 22, 2013

Why you may need to think about long-term care coverageNews from Your Houston News: If you are at least 50 years old, you most likely have started to ask whether you should obtain an insurance policy to help pay for potential future long-term care costs; and if you are like most people, you are putting [...]

The wisdom of purchasing long-term care insurance

By administrator | Dec 21, 2013

The wisdom of purchasing long-term care insuranceNews from Lincoln Journal Star: Responsible adults who own a home have homeowners insurance. Nebraska law requires that you show proof of insurance to license your car. Some adults purchase long-term care insurance in their 50’s to protect themselves from the expense of in-home or nursing home care. Here [...]

Oregon fines Bankers Life $115000 over long-term care insurance claims

By administrator | Dec 20, 2013

Oregon fines Bankers Life $ 115000 over long-term care insurance claimsNews from OregonLive.com: State insurance regulators have again slapped Bankers Life and Casualty Co. with a large fine, this time for mishandling long-term care insurance claims from elderly and disabled customers. The Oregon Insurance Division last week penalized the Chicago-based company $ 115,000 penalty for [...]

Senators weigh need for individual mandate in long-term care financing reform

By administrator | Dec 19, 2013

Senators weigh need for individual mandate in long-term care financing reformNews from McKnight’s Long Term Care News: December 19, 2013 Sen. Susan Collins (R-ME) Senators and a panel of experts wrangled over whether effective long-term care reform hinges on a federal mandate for all individuals to buy some type of LTC insurance, at a Special [...]

Long-Term Care Insurance

By administrator | Dec 17, 2013

Long-Term Care InsuranceNews from KELOLAND TV: SIOUX FALLS, SD – Nobody ever thinks they’re going to end up in a nursing home, but a majority of all retirees will need some kind of long-term care.  Assisted living costs average about $ 40,000 a year.  A nursing home can run more than $ 80,000 a year. But [...]

Making a decision about long-term care insurance

By administrator | Dec 16, 2013

Making a decision about long-term care insuranceNews from Daily Astorian: It may be hard to envision that we’ll ever need assistance with basic daily living tasks like bathing, dressing or eating. But the reality is, the longer we live, the greater the likelihood we’ll find ourselves needing long-term care. Consider this statistic: 70 percent of [...]

Genworth CEO Would Support Public/Private Long-Term Care Insurance

By administrator | Dec 12, 2013

Genworth CEO Would Support Public/Private Long-Term Care InsuranceNews from Forbes: continues on Forbes … Read the full article . Related News: . 7 in 10 will need long-term care, ready or notNews from SunHerald.com: ATLANTA — Harry Baron had already lived through a tough week this summer, facing the reality that his wife of 67 [...]

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