Health Insurance News What Does Long Term Care Insurance Cover

Does Long-Term Care Cover Assisted Living and Other Senior Living Expenses?

For Laurie Craigen, the realities of senior medical costs hit hard when her grandmother needed hospice care. “It was a stressful time for the family because we were trying to figure out how to keep ... Read More

Does Long-Term-Care Insurance Add Up?

“We’ve been paying into long-term-care insurance since we were in our mid-50s,” said a friend, now in her late 60s. “But with all of the premium increases, we might have been better off just investing ... Read More

Is long-term care insurance worth getting this fall?

Planning for retirement isn't just about how much you've saved. It's also about how you'll handle the expenses you can't fully predict. And, one of the biggest unknowns for older Americans today is ... Read More

Long-term care: What is it, how does it work and how can you plan to pay for it?

In my 34 years of advising retirees and those transitioning into retirement, I have not seen a stock market drop cause anyone with a properly managed and diversified portfolio and reasonable spending ... Read More

Layin' It on the Line: The long-term care crisis 2.0 — Why the government may force you to buy coverage

In 2022, Washington State rolled out the first program of its kind— a mandatory long-term care insurance tax on workers' paychecks. California, New York, Minnesota, Pennsylvania and several other ... Read More

Long-Term Care Insurance and Medicaid

The demographic shift toward an aging population has thrust the coordination of long-term care insurance and Medicaid benefits into the spotlight of elder law practice. For practitioners advising ... Read More

Genworth plans to re-launch long-term care insurance

Henrico County-based Genworth Financial thinks it's found a way to help people finance long-term care that will avoid the regular doubleand triple-digit premium rate increases for policies that ... Read More

9 Steps to Plan Ahead for Long-Term Care

Are you prepared for the possibility of needing long-term care in the future? This may include care in a nursing home, an assisted living facility or home health care. According to the American ... Read More

Advisors see long-term care as critical piece of retirement planning

The unrelenting surge in health care costs is making long-term care a critical piece of retirement planning, advisors say. Medical care costs in August were up 4.2% on an annualized basis, according ... Read More