Health Insurance News I Was Quoted $2,000 Per Year For Long Term Care Insurance Is That Too Much

Is $2,000 Annually Too Much for Long-Term Care Insurance?

Long-term care insurance is an important way to mitigate risk in retirement. Unexpected health issues and the related costs can take over a retiree’s financial life if they don’t have a plan to pay ... Read More

Long-term care insurance policy premiums skyrocket

One man in Connecticut, a former insurance executive himself, is taking on a multi-billion-dollar portion of the insurance industry. His own long-term care policy premium has gone up nearly 300% from ... 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

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

Is $600 a Month Too Much for Long-Term Care Insurance at Age 68?

Imagine that you’re 68 years old and have a long-term care insurance policy in place that will help you pay for this all-important type of care later in life. You pay $600 per month in premiums and ... 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

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

A Financial Professional's Take on Long-Term Care Insurance: Buy or Not?

Americans have a good chance of living well into old age these days, which is something to cheer about. But it also raises serious concerns for those who haven't planned for the possibility of ... Read More

‘My blood pressure is sky high’: I’m in my 70s and a widow. I pay $12K a year for long-term-care insurance. Do I cut the cord?

I have had a long-term-care insurance plan for 15 years. During that time, they’ve raised my premiums 356%. It’s now $12,000 a year with no end in sight for future increases. The max they will pay at ... Read More

Premiums From ACA Health Insurance May Rise By 18% Next Year: What To Do If You Can’t Afford It

With over a dozen credit cards and millions of credit card points racked up, Nancy Jiang condenses the complex world of card-churning for maximum rewards with minimum effort. Her work has been ... Read More

What to know about Trump's idea for $2,000 tariff rebate checks, direct health insurance payments

While details are sparse, estimates suggest that if tariff rebates were structured similarly to COVID-era stimulus payments, paying $2,000 to Americans would cost about $600 billion, well above the ... Read More