Long-Term Care Insurance

As long-term care insurance premiums keep rising and fewer companies are offering policies, seniors are looking for other ways to help pay for long-term care. Annuity "nursing home doublers" have emerged as a new long-term care option.

Most long-term care involves assisting with basic personal needs rather than providing medical care.

Medicaid 101

One of the incentives to buying a long-term care insurance policy is that the premiums are tax deductible. Unfortunately, many people are not taking advantage of this deduction.

Overall costs for new long-term care insurance coverage increased 8.6 percent compared to one year ago, according to the 2015 Long Term Care Insurance Price Index.

As more people consider retiring abroad, questions are arising about how an overseas retirement will affect long-term care insurance benefits.

A new study by Boston College's Center for Retirement Research indicates that purchasing long-term care insurance makes financial sense for fewer individuals than was previously believed. ...

Your parents' health could be one of the many factors that long-term care insurance providers take into account when deciding how much to charge you. One major insurer has started rating applicants based, in part, on the applicant's parents' medical...

One of the most difficult decisions in long-term care planning is whether to purchase long-term care insurance (LTCI) and which of the wide variety of products to purchase.

Most people are deterred from buying long-term care insurance due to the high cost of the premiums (and the hope that they'll never need it).