Long-Term Care Insurance

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 of the most difficult decisions in long-term care planning is whether to purchase long-term care insurance and which products to purchase. Premiums are high, but it offer more care options than Medicaid planning.

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. Choosing a longer elimination period is one way to reduce premiums.

Often, a married couple will be able to afford coverage for only one spouse. Looking at statistics alone, the wife should purchase the policy. ...

Elderlaw 101

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. ...

Elderlaw 101

Long-term care is expensive and only getting more so. That is why everyone needs to consider buying long-term care insurance, according to this book that explains exactly how long-term care insurance works and why it should part of any financial...

When you buy long-term care insurance years before you need it, you are taking a gamble that the company will still be around when it is time to pay out. But what happens if the company goes out of business?...

Elderlaw 101

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.

Because all long-term care insurance policies are not the same, we have prepared this guide for helping you understand long-term care insurance and obtain the coverage that best fits your individual needs.