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

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

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 ... 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

Some Americans are getting sticker shock as they shop for Affordable Care Act insurance

In 2026, premiums for a typical health insurance plan sold through the ACA marketplaces are projected to jump an average of 26%. Read More

Is a Long-Term Care ‘Hybrid’ Policy Right for You?

Stand-alone long-term care insurance policies have been waning in popularity, owing to a combination of skyrocketing premiums and difficult claims experiences by consumers. In their place, so-called ... 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

Genworth subsidiary launches inaugural long-term care insurance

CareScout, a subsidiary of Henrico County-based Fortune 1000 insurance company Genworth Financial, announced Wednesday it has launched its first long-term care insurance product. Known as CareScout ... 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

Most Americans expect to need long-term care but few are financially ready

As Americans live longer, most see long-term care as a near certainty in their future, but few are preparing for it financially, a new study reveals. Northwestern Mutual’s 2025 Planning & Progress ... Read More