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 ...
“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 ...
As you age, your need for assistance, whether it be at home or in a nursing home or assisted living facility, increases. Given the prevalence of long-term care services being required, it's no ...
Adriana Falcón Trafford took out a long-term care insurance policy in 2001. When she signed up for the plan, the annual premium was $2,608. Now, it’s close to $7,000. Credit: Shahrzad Rasekh / CT ...
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. This unique insurance type can cover the costs of assisted living ...
According to the American Association for Long-Term Care Insurance, your chances of being denied long-term care insurance ...
The price hikes began in 2007, modest at first, then exploding in size. By last summer, the long-term care insurance plan Steve Krasinski paid $750 a year for in 1994 had ballooned to $6,400. And that ...
Many older Americans should review whether their estates or adult children might be required to pay for long-term care they ...
I am retiring in June when I turn 70 and my wife, Bonnie, will be 68. Our Medicare issue is that recently we applied for a long-term care plan and were both denied due to our simple health issues. I ...
Toni King has authored several books on the subject of Medicare and has appeared regularly as a guest on the American Family Radio Network. I am retiring in January, when I turn 70 and my wife, Sharon ...
Rob Trafford and Adriana Falcón Trafford. Adriana took out a long-term care insurance policy in 2001. When she signed up for the plan, the annual premium was $2,608. Now, it’s close to $7,000.
According to the Urban Institute, the population of Americans age 65 and older is on track to increase nearly 50% in the next 15 years, to more than 80 million. That means demand for long-term care ...