Health Insurance News 3 Long Term Care Insurance Moves To Make Before You Re 75

Why long-term care should be included in financial planning

Whether an employee is reaching retirement age or acting as a caregiver for aging loved ones, planning for potential long-term needs is best done early. Read More

I'm in my 70s and need long-term care insurance. Is it hopeless at my age?

According to the American Association for Long-Term Care Insurance, your chances of being denied long-term care insurance rise with age. In 2019, 44% of applicants aged 70 to 74 were denied, and 51.5% ... Read More

Long-Term Care Insurance: 10 Things You Should Know

When you imagine your retirement journey, you likely picture trips to the beach, leisurely days with the grandkids and lots of time for hobbies. A lengthy stay in a nursing home probably isn’t part of ... 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

Dangers of Ignoring Long-Term Care Conversations with Clients

Financial advisors can help clients navigate the 70% chance of needing costly long-term care and explore insurance options beyond self-funding strategies ... 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

Getting to Know Long-Term Care Insurance

Long-term care insurance can ensure you have the help you need for day-to-day living. There are three main types of long-term care insurance, and which one is best for you will depend on your ... 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

How Much Should You Budget for Long-Term Care?

Many older adults have concluded that they’re better off covering long-term care expenses out of their own pockets if they end up needing it. Years of rising premiums on long-term care insurance, ... 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

I Have Plenty of Money: Why Do I Need a Long-Term Care Plan?

It's a question we hear often from financially confident retirees: "I've done well. I have more than enough saved. Why would I need a long-term care plan or long-term care insurance?" We get it. For ... Read More