Deciding between a stand-alone or hybrid long-term care policy can be confusing. We asked ChatGPT for advice, then had a ...
As you age, your need for assistance, whether it be at home or in a nursing home or assisted living facility, increases. Given the prevalence of long-term care services being required, it's no ...
What are these policies supposed to cover? Will older policies fail to help in time of need? How will insurance companies ...
Broadcast Retirement Network's Jeffrey Snyder discusses Long Term Care costs with CareScout's Lynn White. Jeffrey H. Snyder, ...
Term Care Awareness Month' by offering financial tips to adults simultaneously taking care of their parents and children.
We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is a former senior insurance editor for Investopedia. He oversaw the strategy ...
Few people know as much about reading caveats and fine print in long-term care policies as Don Burkhead. For the past several years, the Senior Village Forms and Documents team has utilized Don's ...
Dear Savvy Senior, My husband and I have been thinking about getting a long-term care insurance policy, but we hate the idea of paying expensive monthly premiums for a policy we may never use. Is long ...
The price hikes began in 2007, modest at first, then exploding in size. By last summer, the long-term care insurance plan Steve Krasinski paid $750 a year for in 1994 had ballooned to $6,400. And that ...
Adriana Falcón Trafford took out a long-term care insurance policy in 2001. When she signed up for the plan, the annual premium was $2,608. Now, it’s close to $7,000. Credit: Shahrzad Rasekh / CT ...
A printed email to Ken Kollmeyer outlines a request from his insurance company for a 70 percent rate increase. Credit: Shahrzad Rasekh / CT Mirror CT Mirror’s independent, nonprofit journalism depends ...
The demographic shift toward an aging population has thrust the coordination of long-term care insurance and Medicaid benefits into the spotlight of elder law practice. For practitioners advising ...