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Long-Term Care Insurance

Found 66 Articles.
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long-term-care-insurance-policies-changes-and-updates

Long-Term Care Insurance Policies: Changes and Updates

January 1, 2007

Insurers are changing long-term care insurance policies to reduce confusion and overcome the objections of many potential buyers. The government also is getting on board with some new rules that favor policy purchases. Two major factors keep many people from purchasing long-term care policies. One factor is that the policies are complicated, with many optional […]

how-long-term-care-insurance-can-reduce-risk

How Long-Term Care Insurance Can Reduce Risk

December 1, 2006

Most people evaluate long-term care insurance the wrong way. Sales approaches also often stress the wrong factors. LTCI should be analyzed in much the same way we analyze investment opportunities. Fear often is the focus of LTCI discussions. Scary statistics are used to try to convince consumers that they need the policies to protect them […]

long-term-care-insurance-new-regulations

Long Term Care Insurance: New Regulations

November 1, 2006

New regulations covering long-term care insurance might be on their way to your state. The regulations will broaden care and help reduce premiums. The regulations were drafted by the National Association of Insurance Commis-sioners. Insurance is regulated by each state. This group drafts model statutes and regulations that each state is encouraged to adopt. In […]

two-long-term-care-insurance-mistakes

The 2 Long-Term Care Insurance Mistakes Most Retirees Make

September 1, 2005

Only about 10% of seniors over age 65 have long-term care insurance. It is easy to understand why. The product is complicated, and costly mistakes are easy to make when buying it. There are two mistakes people make most often when purchasing long-term care insurance. More people would buy the insurance if they knew how […]

the-latest-in-long-term-care-insurance

The Latest in Long-Term Care Insurance

August 1, 2005

Turmoil still roils the long-term care insurance industry. Many consumers probably will continue to see steep premium increases as in recent years, and there will be changes in coverage under new policies. But there also is good news, and buyers can take steps to make long-term care insurance more affordable without giving up coverage they […]

long-term-care-insurance-worth-the-cost

Long-Term Care Insurance: Worth the Cost?

February 1, 2004

Insurers frequently lament that only 1% to 3% of those in the logical market for long-term care insurance actually buys that insurance. Their view is that most Baby Boomers are engaged in short-term thinking and that the nation will have a severe fiscal crisis as it tries to finance care for aging long-term Boomers. Consumer […]

new-risks-in-health-care-insurance

New Risks In Health Care Insurance

October 1, 2003

Rising insurance premiums and medical expense are well-known risks in today’s health care market. Premiums for all types of insurance have been rising at double-digit rates for a few years. The latest data estimate premiums will increase by about 14% this year. In addition, individuals pay a higher share of medical expenses than they did […]

evaluate-long-term-care-policies

How to Evaluate Long Term Care Insurance Policies

July 1, 2003

Few financial transactions are more complicated than buying long-term health care insurance. Also, few single transactions have potentially greater and longer-lasting consequences. We’ve covered the basics and more in past visits, most recently in June 2002 (available on the web site Archive). Let’s take a look at the next level of issues you are likely […]

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