Long-Term Care Insurance

Long-term care is expensive and only getting more so. That is why everyone needs to consider buying long-term care insurance, according to this book that explains exactly how long-term care insurance works and why it should part of any financial...

When you buy long-term care insurance years before you need it, you are taking a gamble that the company will still be around when it is time to pay out. But what happens if the company goes out of business?...

Elderlaw 101

A class action lawsuit has been filed in Oregon against Bankers Life and Casualty Co., charging that the long-term care insurer is guilty of elder abuse in denying and delaying payment of insurance claims.

Because all long-term care insurance policies are not the same, we have prepared this guide for helping you understand long-term care insurance and obtain the coverage that best fits your individual needs.

Long-term care insurance will soon be getting more expensive for women.

Many middle-income people have too much money to qualify for Medicaid but can't afford a pricey long-term care insurance policy. ...

Medicaid 101

A 55-year-old single individual can expect to pay $2,065 annually for $162,000 in current long-term care insurance benefits, according to the 2013 Long-Term Care Insurance Price Index, an annual report from the American Association for Long-Term Care Insurance, an industry group. ...

The final budget deal Congress passed to avert the “fiscal cliff” repeals a long-term care insurance program that would have helped keep the elderly and disabled out of nursing homes and off the Medicaid rolls.  In its place, the budget...

While in large part people who purchase long-term care insurance and those who plan to qualify for Medicaid coverage of long-term care costs fall into separate groups, there are at least two situations where they overlap.

Medicaid 101