Search for Elder Law Attorneys

Long-Term Care Insurance Articles

Long-Term Care Insurance: An Introduction

With nursing home care in some parts of the country costing as much as $10,000 a month, a long-term need for care can deplete even the best-planned estate. 

Read article »

How to Reduce Long-Term Care Insurance Costs

While long-term care insurance can be a good way to pay for a nursing home stay or a home health care worker, it doesn't come cheap. 

Read article »

The Tax Deductibility of Long-Term Care Insurance Premiums

Premiums for "qualified" long-term care insurance policies are tax deductible to the extent that they, along with other unreimbursed medical expenses (including Medicare premiums), exceed a certain percentage of the insured's adjusted gross income. 

Read article »

IRS Issues Long-Term Care Premium Deductibility Limits for 2014

The Internal Revenue Service (IRS) is increasing the amount taxpayers can deduct from their 2014 taxes ... 

Read article »

Which Spouse Should Get Long-Term Care Insurance Coverage?

Often, a married couple will be able to afford coverage for only one spouse.

Read article »

Long-Term Care Insurer Bankers Life Sued for Elder Abuse in Oregon

A class action lawsuit has been filed in Oregon against Bankers Life and Casualty Co., charging that the long-term care insurer is guilty of elder abuse in denying and delaying payment of insurance claims.

Read article »

How Much Long-Term Care Insurance Should You Purchase?

A number of considerations go into how much long-term care insurance any consumer should buy. 

Read article »

Long-Term Care Insurance and Medicaid Planning

While in large part people who purchase long-term care insurance and those who plan to qualify for Medicaid coverage of long-term care costs fall into separate groups, there are at least two situations where they overlap.

Read article »