Pennsylvania’s Insurance Department will hold a public hearing Thursday prompted by recent consumer backlash to long-term care rate increases, reports Pittsburgh Post-Gazette. The state insurance ...
“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 ...
A group of long-term care insurance policyholders are traveling around the state, trying to build a grassroots coalition to spur reform.
A comprehensive guide to long-term care insurance costs, coverage options and whether it’s right for you.
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 ...
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 ...
The duration and level of long-term care a person may need varies widely and often changes over time, according to the Administration for Community Living (ACL). On average, someone turning 65 in 2020 ...
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 ...
Forbes contributors publish independent expert analyses and insights. Bob Carlson researches all facets of retirement finances. Long-term care (LTC) and insurance for it (LTCI) are two of the most ...
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 ...
Deciding between a stand-alone or hybrid long-term care policy can be confusing. We asked ChatGPT for advice, then had a licensed long-term care insurance specialist review its answer line by line.