Long-Term Care Insurance

The coronavirus pandemic has had a devastating impact on those in nursing homes and other long-term care facilities. This has raised questions about how the virus has influenced the costs and provision of long-term care insurance. ...

The Internal Revenue Service (IRS) has announced the amount taxpayers can deduct from their 2020 income as a result of buying long-term care insurance.

We’ve all heard the advice “It pays to shop around,” but this has never been more true than with the current market for long-term care insurance. ...

The older you get, the harder it is to qualify for long-term care insurance. If you are interested in buying this insurance, it is better to act sooner rather than later.

A long-term care policyholder has successfully sued her insurance company for breach of contract after the company raised her premiums.

Long-term care insurance policyholders were dealt a blow by the Oregon Supreme Court when it ruled that the state's elder financial abuse statute does not apply to their case.

While long-term care insurance costs are up in general, some policies are going down in price, according to the 2018 Long Term Care Insurance Price Index, an annual report from the American Association for Long-Term Care Insurance.

A long-term care insurance company recently cancelled the insurance coverage of an elderly woman who accidentally wrote the wrong amount on her premium check. The case illustrates the need for policyholders to pay attention to the details.

Unauthorized withdrawals from IRA funds before the age of 59½ are typically subject to taxes and penalties, but it's possible to indirectly use money from your IRA to fund long-term care insurance coverage.  Here are two options.