Thank you for stopping by my new website created just for consumers who don’t have a local insurance professional to answer their questions about long-term care insurance. My commitment to you is to provide a simple explanation for whatever you ask me, and that’s why this site and my newest book are both called The …
Barbara's Decision
After buying a long term care policy 10 years ago, Barbara doesn't have to worry about burdening her children with the cost of her care.
Assisted Living
Long term care insurance has allowed her 84-year-old mother to have peace-of-mind after moving into an assisted living facility.
The Balancing Act
Phyllis Shelton was a guest on Lifetime Television's "The Balancing Act" to talk about how caregiving without the help of long term care insurance can crush the dreams of millions of American women, emotionally and financially.
Parkinson's Disease
His mother lived to age 91 with Parkinson's Disease, and the costs would have been overwhelming without long term care insurance.
Motorcycle Accident
In an instant, a tragic accident turned a loving wife into a long term caregiver.
Latte or Long Term Care?
Over twenty states are suing the Federal government over the Medicaid expansion. Medicaid is projected to consume more than a third of state budgets in 20 years, and the driver of that growth is LTC.Mar
22
Bad Advice to Lower Daily Benefit to Lower LTC Insurance Premium
Response to Terry Savage article “Long-Term Care-LESS”, MoneyShow.com, March 19, 2012 http://www.moneyshow.com/investing/article/11/Blog-27057/Long-Term-Care-LESS/ The 90% rate increase by John Hancock is not a responsible rate increase in my opinion. They were asleep at the wheel, not realizing that was coming. But in all fairness – this article makes it sound like long-term care insurance rate increases …
Jan
22
What Does Long-Term Care Cost?
A lot, you’re thinking? Sometimes, yes. Prudential released a study in 2011 that said “Americans tend to overestimate the costs associated with long-term care, which amplifies their level of concern about paying for it.” That’s a nice way to say we get the “deer in headlights” fear whenever we think about it, so it’s easier …
Dec
20
Long-Term Care Insurance Tax Deduction for Greater Than 2% Shareholders of S-Corporations
For those who have wondered how the long-term care insurance self-employed tax deduction works for owners of S-Corporations, this straightforward explanation clears it up. …
Nov
02
CLASS FINALLY DISMISSED
The future of the Community Living Assistance Services and Supports program came into question when its chief actuary resigned and its staff was reassigned in recent weeks (Best’s News Service, Sept. 23, 2011). Also, the Senate Appropriations Committee did not provide the program with any funding in a fiscal year 2012 spending plan advanced Sept. …
Sep
19
LTCI Tax Incentives for Employer-Sponsored Plans
Many employers are deciding it is more cost effective to contribute to the premium for a worksite LTCI plan rather than incurring costs due to caregiver absences and distractions. …
Aug
23
The Impact of Long-Term Care on the Employer
Many employers have come to recognize that long-term care insurance can be “productivity insurance.” …
Jul
16
How to Determine the Value of LTC Insurance After Rate Increases
The premium she has paid over 11 years would only pay for a couple of months of daily home care or nursing home care at current costs or four months in an assisted living facility. …
May
16
How much does long-term care insurance cost? (rate calculator for sample plan)
Buying long-term care insurance is like buying a car. You pay for the core components like an engine and four wheels with tires on them, then add the options that mean the most to you. …
May
15
Ask Your Employer to Offer Long-Term Care Insurance
Ask your employer to offer long-term care insurance that is qualified for the Long-Term Care Partnership to employees 18+ to help your family AND your state budget. …
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The ABC's of Long Term Care Insurance
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Long Term Care: Your Financial Planning Guide
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