Long-Term Care Insurance

Jim McDevitt, a resident of Lexington, Mass., wanted to preserve some money for his children and not have his assets...

Is the life of someone over age 70 worth 37 percent less than that of a younger person? Yes, according to a Bush administration policy for calculating the economic benefits of regulations. The administration is now backing away...

If you are considering purchasing long-term care insurance, a good way to assess the quality of an agent or broker selling these products is to look for the 'CLTC' designation after his or her name.

Most Americans over the age of 45 are in for a bad case of sticker shock if they or a loved one ever requires long-term care, according to the results of a new survey by the AARP. Full story...

The 76 million baby boomers are a 'huge potential market' for long-term care as they age, but so far few are buying policies, according to an Associated Press article in the Columbus Dispatch. More . . .

Most long-term care insurance purchasers younger than age 70 should make sure their policy has a 5 percent compound inflation rider, according to a recent AARP Public Policy Institute study. More . . .

Instead of hiring outside help, some elders are paying family members to provide their care, and government and private insurers are beginning to reimburse for such care arrangements, according to a Wall Street Journal article. More . . .

A pioneering practice manual guides care management professionals in helping the infirm elderly and others with chronic illnesses live independently and with dignity.

The new profession of "private geriatric care manager" has evolved to help families assess the need for long-term care and coordinate services if a loved one requires some type of care.