LTCI

According to the most recent survey conducted by the U.S. Department of Health and Human Services, 13.9 % of children in the U.S have special health care needs. These needs vary and can include a range of conditions including chronic physical, developmental, behavioral, or emotional challenges.  The special needs of these children typically require health and related services for an …

The financial consequences of a disability can be greater than those of a premature death. The disabled person is still a consumer, and, in many cases, medical and living expenses increase. If care is required, then an even greater financial and emotional burden is placed on the family of the disabled person. Long term care insurance is simply disability insurance …

That title really is industry speak but tries very hard to explain what this product offers. This plan is being aggressively marketed, now that other plans are getting some press and favorable sales numbers. The plans I am referring to are critical illness and chronic illness. What they have done with this plan is offer you a life insurance policy …

As the budget debate rages on in Washington, it’s becoming clear that Medicaid will be coming under the knife. During the National Governor’s Association (NGA) annual meeting last July, governors of both parties said they are “most worried that both President Obama and Congressional Republicans wanted to cut Medicaid payments to the states by $100 billion over the next decade.” …

As companies race hybrid LTC or “linked-benefit” plans to market, many are left scratching their heads wondering which products are best for themselves or their clients.  If a warning light is going off in your mind, heed the warning. There are five main traps to avoid while searching for the best hybrid-long term care solutions, though more will likely follow.  …

With millions of baby boomers approaching retirement, it is imperative for us to help this segment understand the potential financial impact of skyrocketing extended healthcare costs.  The coverage this sector receives from Medicare is limited at best. Even if a qualifying event meets Medicare’s stringent guidelines, with both state and federal entitlement programs stretched to their breaking point, many retirees …

"Sustained low interest rates are to the long-term care industry what $4-a-gallon gas was to the SUV market." -Jesse Slome, American Association for Long-Term Care Insurance