As the need for long-term care services continues to rise in this country, the discussion level of the benefits of LTCi is increasing as well. Unfortunately, there is quite a bit of disinformation out there about LTCi, especially by those who do not have a thorough understanding of the overall challenges associated with paying for […]
Unfortunately, many people view LTCi as an all-or-nothing investment. In other words, either they get a high Daily Benefit policy that pays for an unlimited Benefit Period, or they just conclude that LTCi is too expensive and they don’t buy at all.
This kind of thinking is not usually applied with respect to other kinds of […]
The baby boomer generation has had an interesting ride through life, but they are facing serious challenges now as they approach retirement age.
Marshall Loeb, a popular financial writer for the MarketWatch web site, says that boomers are being squeezed on two fronts these days: “First, as college tuition escalates, the baby boomers will be called […]
There is no doubt that state Medicaid programs do a wonderful job in helping provide long term care services for folks who can’t afford it on their own. Medicaid also provides help for those who eventually spend down all of their assets to the point where they cannot pay any longer for their own care.
However, […]
This is a question that often arises in conversation with LTCi shoppers. Years ago many policies had what was called a “medical ncessity” trigger that restricted some, like Alzheimer’s patients and those who are cognitively impaired, from being able to go on claim if certain medical conditions did not accompany their impairment.
However, Congress has passed […]