Rising premiums for long-term care insurance have left many policyholders feeling frustrated and overwhelmed. After years of diligently paying into their policies, receiving notices of steep price ...
The financial conditions that plague the long-term care insurance industry today were created by the industry’s deliberate ...
CT legislators introduced a bill to provide some relief from large rate hikes, but at a hearing, policyholders said it needs ...
But counting on either Medicaid or loved ones to deliver long-term care is not ideal. Leaning on loved ones can pose an unfair burden. And Medicaid generally kicks in only when all of your assets run ...
Under the bill, some long-term care insurance policyholders could deduct the total amount of premiums paid over the course of a taxable year on their tax return, reducing the amount of income that’s ...
When your insurance terminates, your employing office must give you a Notice of Conversion Privilege (SF 2819). If you wish ...
Elderly people are paying higher premiums for the nation's long-term care insurance system as payments for nursing care services have risen due to the graying society. People 65 or older will pay ...
Brian Gordon, President, Gordon Associates, talks to John about long-term care insurance, when people should start thinking about long-term care insurance, the benefits of buying the insurance ...
Long-term care insurance helps with the cost of services ... and after paying almost $150,000 in premiums to Genworth over the course of her policy, we fought every step of the way to get ...
The annual premium for a 55-year-old single male with $165,000 in benefits was about $900 in 2023, according to the American Association for Long-Term Care Insurance, and about $1,500 for a 55 ...
The office received more than 700 complaints in the last six years about long-term care insurance, mostly rising premiums, according to records reviewed by the CT Mirror. When a premium hike ...