Why we chose it: We chose New York Life as the best long-term care insurance company for financial stability because it has ...

Deciding between a stand-alone or hybrid long-term care policy can be confusing. We asked ChatGPT for advice, then had a ...

As more and more of the 70 million baby boomers require long-term care, the dearth of insurance providers and the shrinking number of care workers are shaping up to create a major challenge, says ...

What are these policies supposed to cover? Will older policies fail to help in time of need? How will insurance companies ...

“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 ...

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 ...

For Laurie Craigen, the realities of senior medical costs hit hard when her grandmother needed hospice care. "It was a stressful time for the family because we were trying to figure out how to ...

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 ...

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 ...

Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed various community and nonprofit organizations. She has conducted in-depth research on social and economic issues ...

For more coverage of the long-term care insurance industry, please click here. In January, just weeks into the legislative session, key lawmakers frustrated with soaring rate increases on long-term ...

This typically forms the backbone of your retirement healthcare coverage, but it's far from perfect. It has six gaping holes that could snare you if you ignore them. Fortunately, the current Medicare ...