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State calls for some changes to rules governing long-term care insurance rates

By administrator | May 3, 2014

State calls for some changes to rules governing long-term care insurance ratesNews from Roanoke Times: In response to precipitous rate increases, the State Corporation Commission is calling for changes that tinker with — but do not overhaul — the rules that govern long-term care insurance in Virginia. The SCC, the regulator of insurance companies that [...]

Long term care insurance is undergoing some important changes

By administrator | Sep 9, 2012

Long term care insurance is undergoing some important changesNews from Live Insurance News: As the American population gets older, the long term care insurance industry is facing a number of struggles in terms of the expenses that it is facing. Some insurers have withdrawn from that sector altogether. Other long term care insurance companies have [...]

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 [...]

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 [...]

Some Long-Term-Care Insurance Is Better Than None

By administrator | Dec 30, 2011

Some Long-Term-Care Insurance Is Better Than NoneNews from Smart Money: The best is the enemy of the good. Or so said Voltaire, the French philosopher. I could be wrong, but…I think he was talking about long-term-care insurance — and how to fix what is probably the biggest hole in your plans for retirement. This all [...]

Some Long-Term-Care Insurance Is Better Than None

By administrator | Dec 28, 2011

Some Long-Term-Care Insurance Is Better Than NoneNews from Smart Money: The best is the enemy of the good. Or so said Voltaire, the French philosopher. I could be wrong, but…I think he was talking about long-term-care insurance — and how to fix what is probably the biggest hole in your plans for retirement. This all [...]

Some Long-Term-Care Insurance Is Better Than None

By administrator | Dec 13, 2011

Some Long-Term-Care Insurance Is Better Than NoneNews from Smartmoney.com: The best is the enemy of the good. Or so said Voltaire, the French philosopher. I could be wrong, but…I think he was talking about long-term-care insurance — and how to fix what is probably the biggest hole in your plans for retirement. This all came [...]

Some basics on long-term care insurance

By administrator | Aug 3, 2011

Some basics on long-term care insurance News from Denver Post: By Wendy W. SpencerSpecial to The Denver Post Wendy W. Spencer (Special to the Denver Post) We have all heard the horror stories. A parent has a stroke and can no longer care for him or herself. The parent must go into a nursing home. [...]

Long-term care policies take some homework

By administrator | May 29, 2011

Long-term care policies take some homework News from Pocono Record: May 29, 2011 Have you thought about long-term care insurance? Most people don’t until they are approaching retirement and the thought of spending their hard earned savings on care drives them to consider it. Statistics vary from source to source, but some 70 percent of [...]

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