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

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 ...

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 ...

“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 ...

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 ...

Bankers Life in Farmington. The company maintains long-term care insurance policies through Connecticut's state partnership plan. Credit: Shahrzad Rasekh / CT Mirror CT Mirror’s independent, nonprofit ...

For those with substantial savings or modest spending rates, the default method of paying for LTC ... Couple that with the ...

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 ...

Many older adults have concluded that they’re better off covering long-term care expenses out of their own pockets if they end up needing it. Years of rising premiums on long-term care insurance, ...

Americans have a good chance of living well into old age these days, which is something to cheer about. But it also raises serious concerns for those who haven't planned for the possibility of ...

Agents and advisors are always on the lookout for ideas that will help them provide their clients and prospects with the financial protection they need to help cover the costs of care if they have a ...

The long-term care insurance premium rate for next year has been decided to increase by 0.19 percentage points (p) from this year to 13.14% (relative to health insurance premiums). This means the ...